Stephen Yearwood
1 min readApr 3, 2022

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There is a way to empower the people in minimum-pay jobs, with a minimum pay of at least $15/hr.; $600/wk. here in the U.S. It is revolutionary, but it is not radical: it can be implemented (with a single legislative Act) within the existing economic system (of any nation).

Employers would use benefits (and their general attitude towards employees) to compete for people to fill minimum-pay positions. It would not impose any cost on employers (though, again, they would find themselves competing for employees in a free labor market), would not involve redistributing anything, would not impose any limit on income/wealth, and would not involve taxes/public debt. It can be thought of as a kind of permanent 'quantitative easing' for people--but with built-in protections against inflation.

if curious: "Same Economy, Way Better Outcomes for Society"

(Both links are to articles here in Medium, but not behind the paywall.)

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Stephen Yearwood
Stephen Yearwood

Written by Stephen Yearwood

M.A. in political economy (money/distributive justice) "Please don't confront me with my failures/ I'm aware of them" from "These Days," as sung by Gregg Allman

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