Peer2Politics
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Peer2Politics
on peer-to-peer dynamics in politics, the economy and organizations
Curated by jean lievens
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This Billionaire Governor Taxed the Rich and Increased the Minimum Wage -- Now, His State's Economy Is One of the Best in the Country

This Billionaire Governor Taxed the Rich and Increased the Minimum Wage -- Now, His State's Economy Is One of the Best in the Country | Peer2Politics | Scoop.it
The next time your right-wing family member or former high school classmate posts a status update or tweet about how taxing the rich or increasing workers' wages kills jobs and makes businesses leave the state, I want you to send them this article.
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The Capitalist’s Case for a $15 Minimum Wage

The Capitalist’s Case for a $15 Minimum Wage | Peer2Politics | Scoop.it

June 20 (Bloomberg) -- The fundamental law of capitalism is that if workers have no money, businesses have no customers. That’s why the extreme, and widening, wealth gap in our economy presents not just a moral challenge, but an economic one, too. In a capitalist system, rising inequality creates a death spiral of falling demand that ultimately takes everyone down.

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