A pair of progressive Democrats unveiled a bill on Tuesday that would raise the federal minimum wage to $25 per hour, considered the bare minimum a single adult needs to meet the cost of living in much of the US.
The Living Wage For All Act is the first bill to be introduced by the newly sworn-in Rep. Analilia Mejía (D-NJ), who won a special election earlier this month after helping to lead the fight for a $15 minimum wage in her home state of New Jersey.
Or just abolish the wage system.
Make it illegal to pay a wage. Instead make it a calculation based on the company’s profits, split evenly by all employees.
Question. If you were a capitalist running small or medium company how would you adapt to that paradigm?
Call a meeting with the workers to discuss the company’s finances, and then ask them to vote.