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Abstract

The focus of the minimum wage is too narrow. The minimum wage population is larger than those who earn the statutory minimum; it encompasses the larger low-wage sector. By focusing on only a small segment of the labor force, the minimum wage has been relegated to a debate revolving around youth disemployment effects versus anti-poverty benefits. A policy that is seen as another anti-poverty measure cannot elicit broad political support the way a policy couched as generally for the benefit of the middle class. The minimum wage is a middle-class issue, and there are indeed positive welfare effects for the middle class. Only when we broaden our focus to understand not only what it symbolizes but its potential welfare effects for the middle class can we understand why it is such a contentious issue politically.

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Levin-Waldman, O.M. (2018). Introduction. In: Restoring the Middle Class through Wage Policy. Binzagr Institute for Sustainable Prosperity. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-74448-3_1

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  • DOI: https://doi.org/10.1007/978-3-319-74448-3_1

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-319-74447-6

  • Online ISBN: 978-3-319-74448-3

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