The Prof G Pod with Scott Galloway No Mercy / No Malice: Project 2028: Wages
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Mar 29, 2025 Explore the pressing need for living wages in America, emphasizing the responsibility of business leaders in ensuring fair compensation. Discover critiques of the current minimum wage system and its failure to keep pace with living costs. Unpack the alarming wage inequality, advocating for a minimum wage of $25 an hour. The discussion highlights the stark contrast between executive pay and stagnant wages for workers, calling for urgent reforms to foster fair pay practices across the board.
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Focus on Ideas
- Democrats should focus on developing ideas, not just expressing indignation.
- A key proposal is raising the minimum wage to improve the lives of lower- and middle-income citizens.
Minimum Wage Increase
- Raising the minimum wage to $25 an hour would significantly improve the financial stability of American families.
- This increase would allow families to afford basic necessities, including housing, healthcare, and food.
Living Wage
- Many companies prioritize maximizing profits, even at the expense of their workers.
- Business leaders should prioritize paying their employees a living wage.