2min chapter

Reasons Revisited cover image

FIRST THEY IGNORE YOU: Part Four - The fight for a minimum wage

Reasons Revisited

CHAPTER

Social Justice and Economic Prosperity Go Hand in Hand

Margaret Thatcher was shadow chancellor when the minimum wage was introduced. She says it was seen as a matter of economic prosperity and success, rather than simply social justice. Margaret: There was quite a hysterical campaign from the sand saying it would cost two million jobs. And all sorts of nonsense. But we had this policy process which was very much looking ito the future. Part of it was that we had an economic policy commission where John smith said 'economic prosperity and economic efficiency go handi'

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