18min chapter

Pitchfork Economics with Nick Hanauer cover image

Revisiting the Legacy of the Fight for $15 (with Yannet Lathrop and Dr. T. William Lester)

Pitchfork Economics with Nick Hanauer

CHAPTER

The Fight for $15: Economic Impact and Racial Wealth Equity

This chapter explores the transformative effects of the Fight for $15 minimum wage movement on worker wealth from 2013 to 2019, particularly benefiting marginalized communities. It emphasizes the narrowing racial wealth gap for Black and Latinx workers and discusses the broader economic implications, including increased unionization and job growth in higher wage states. The narrative critiques outdated perceptions of minimum wage increases leading to job losses, advocating instead for higher wages as a means to achieve economic equity.

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