A Living Wage for Capitalism | by Jim O'Neill
Project Syndicate 238d 2 tweets
Higher nominal wages for low-paid workers can boost real earnings, increase consumer spending, and help make housing more affordable. And insofar as raising the minimum would increase companies’ wage bill, it would create a stronger incentive to...


Project Syndicate 238d ago
Corporate leaders should be less worried about their wage bill and more worried about the popular backlash against capitalism, argues Jim O'Neill of
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Clifford Asness 237d ago
“Given capitalism’s growing crisis of credibility, business leaders would do well to consider embracing such policies more enthusiastically.” Everything is an implied threat of violence drawing legitimacy only from the prior success of the same agitprop.
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