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#60 Yvon Chouinard: What We've Learned from Patagonia's First 40 Years

Founders

CHAPTER

What's the Future of the Living Wage?

The next 50 years will be marked by pressure to restore the living wage. It was assumed as late as a 1960s that the annual pay of one wage earner should support his family. The new more modest goal has a worker paid one half of what it takes to support the family of four. He's been a 50 year trend towards automation, moving jobs offshore and improving wages in developing countries.

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