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Amazon's $15 Minimum Wage Decision and Implications
Discussion on Amazon's announcement to increase minimum wage to $15/hr, exploring mixed reactions, changes in compensation structures, and potential impacts on the retail industry and economy. Debates on the effectiveness of government-mandated minimum wages versus alternative solutions like universal basic income, with examples from Seattle and Europe. Speakers agree to revisit the topic amidst ongoing conversations about minimum wages and the #MeToo movement.