Quotes.cx
  • Home
  • Authors
  • Topics
  • Quote of the Day
  • Home
  • Authors
  • Topics
  • Quote of the Day
  • Home
  • Authors
  • Topics
  • Quote of the Day
  • Top 100 Quotes
  • Professions
  • Nationalities

Minimum Wage Quotes

    • Love Quotes
    • Life Quotes
    • Inspirational Quotes
    • Philosophy Quotes
    • Humor Quotes
    • Wisdom Quotes
    • God Quotes
    • Truth Quotes
    • Happiness Quotes
    • Hope Quotes
  • Follow us on Facebook
  • Save us on Pinterest
  • Follow us on X
Both political parties have moved to the right during the neoliberal period. Today’s New Democrats are pretty much what used to be called “moderate Republicans.” The “political revolution” that Bernie Sanders called for, rightly, would not have greatly surprised Dwight Eisenhower.The fate of the minimum wage illustrates what has been happening. Through the periods of high and egalitarian growth in the ‘50s and ‘60s, the minimum wage—which sets a floor for other wages—tracked productivity. That ended with the onset of neoliberal doctrine. Since then, the minimum wage has stagnated (in real value). Had it continued as before, it would probably be close to $20 per hour. Today, it is considered a political revolution to raise it to $15.
Noam Chomsky

Related Topics

Revolution
Quotes
Republican
Quotes
Business
Quotes
Politics
Quotes
Entrepreneurship
Quotes
Labor
Quotes
Growth
Quotes
Neoliberalism
Quotes

Quotes.CX

  • About Us
  • Contact Us
  • Privacy Policy
  • Terms
  • DMCA

Site Links

  • Authors
  • Topics
  • Quote Of The Day
  • Top 100 Quotes
  • Professions
  • Nationalities

Authors in the News

  • Susan C.Young
  • John Green
  • Matshona Dhliwayo
  • Julie Kagawa
  • Anonymous
  • Martin Luther King Jr.
  • Amit Kalantri
  • Archibald Marwizi
  • Debasish Mridha
  • Mokokoma Mokhonoana
Quotes.cx
  • Follow us on Facebook
  • Follow us on Instagram
  • Save us on Pinterest
  • Follow us on Youtube
  • Follow us on X

@2024 Quotes.CX All rights reserved