Minimum Wage and Greater Democracy

Oren M. Levin-Waldman
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Oren M. Levin-Waldman: Metropolitan College of New York

Chapter Chapter 7 in Restoring the Middle Class through Wage Policy, 2018, pp 197-220 from Palgrave Macmillan

Abstract: Abstract A minimum wage that enables individuals to live with greater dignity will enable them to be more autonomous, which also enables them to develop their capabilities. As autonomy is prerequisite for democracy, a minimum wage that reduces inequality and contributes to economic development by serving as a foundation for job creation also makes for greater democracy. But a minimum wage which increases on a regular basis may also lead to greater democracy to the extent that it may serve to develop the social capital of low-wage workers. It isn’t only that a minimum wage will lead to greater democracy, but that it is an essential ingredient.

Date: 2018
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DOI: 10.1007/978-3-319-74448-3_7

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