The Political Economy Of The Living Wage

This book examines the movement for living wages at the local level and what it tells us about urban politics. Oren M. Levin-Waldman studies the role that living wage campaigns may have had in recent years in altering the political landscape in four cities where they have been adopted: Los Angeles, Detroit, Baltimore, and New Orleans. It is the author's belief that the living wage movements are a result of policy failure at the local level. They are the by-product of the failure to adequately address the changes that were occurring, mainly the changing urban economic base and growing income inequality. The author undertakes a scholarly analysis of the issue through the disciplinary lenses of political science while also employing some of the economists' tools.

This book tells the story behind President Franklin D. Roosevelt’s use of the phrase "living wage" in a variety of speeches, letters, and statements, and examines the degree to which programs of the New Deal reflected the ideas of a living wage movement that existed in the US for almost three decades before Roosevelt was elected president. Far from being a side issue, the previously unexplored living wage debate sheds light on the New Deal philosophy of social justice by identifying the value judgments behind its policies. Moving chronologically through history, this book's highlights include the revelation of a living wage agenda under the War Industry Board (WIB)'s National War Labor Board (NWLB) during World War I, the unearthing of long-forgotten literature from the 1920s and 30s that formed the foundation of Roosevelt's statements on a living wage, and the examination of contemporary studies that used a simple living wage formula combining collective bargaining, social insurance, and minimum wage as a standard for social justice used to measure the impact of New Deal polices.

I highly recommend this book to anyone who cares about poverty and wants to know what economists have said about its connections with the labor market and to consider whether voluntary or government wage norms would be a wise, just, and effective way to reduce poverty. Economists should recommend this book to those who doubt that economists have values. Many professional economists could also use a good review of how their discipline has dealt with the ideas of just, fair, living, and minimal-wage rates. The book would make an excellent supplementary text for a history of economic thought class. Thanks to Stabile for providing a full treatment of such an important intellectual, social, and moral issue. Robin Klay, Journal of Markets & Morality . . . this is a fine addition to the history of economic thought and should be required reading for economists since it reminds us that economics was originally subsumed under the larger disciplinary umbrella of political economy and moral philosophy. Oren M. Levin-Waldman, Industrial and Labor Relations Review Stabile does us a valuable service by laying aside nebulous questions about justice and focusing on specific economic issues. In the process, he offers a compact, well-organized tour of the idea of a living wage in the history of economic thought. It is a book that deserves the attention of economists and scholars working on the history of ideas, as well as anyone contributing to debates over wage policy. Art Carden, EH.Net For the last decade a movement for providing workers with a living wage has been growing in the US. This book describes how great thinkers in the history of economic thought viewed the living wage and highlights how the ideas of the early economists such as Adam Smith and John Stuart Mill support the idea of a living wage and contrast with the ideas of more recent free-market economists who do not. The lessons we can learn from the contrasting ideas of both the early and recent economists will help us to think more clearly about the issues surrounding whether, how and why workers should be paid a living wage. The book reviews the history of economic ideas related to the idea of the living wage. It presents a debate between two ideologies, the moral economy and the market economy, as captured by the need to sustain the workforce, enhance its capability and avoid the externality effects of low wages. It is unique in that it applies these concepts exclusively to labor. The book also breaks new ground by presenting Adam Smith as a moral economist who anticipated many of the arguments set forth by modern day advocates of the living wage. It shows how successive economic thinkers added to Smith s arguments for a living (subsistence) wage or found fault with those arguments. Throughout the book Donald Stabile draws out the lessons that this history of the economic thought about adequate wages has for the modern living wage movement. Economists interested in the history of economic thought and labor issues will find this book a compelling read, as will academics and community groups advocating for a living wage.

Are living wages an unaffordable and unwieldy aspiration or a key progressive reform? Demands for fair minimum incomes have dominated national debates amid the COVID-19 pandemic. This topical book addresses the rapidly shifting politics of minimum wages in US, the UK, New Zealand, Canada, Ireland and Australia, where workfare has compelled many to find low-income work and where neoliberal thinking about minimum wages has prevailed. Analysing minimum wage policies within a political-economy narrative, this innovative book offers an alternative to the Basic Income narrative and identifies the success of Living Wage campaigns as central to welfare state change.

Rising Up traces the history and international context of living wage movements across Canada. This compassionate and astute collection of essays shines a light on alternatives to a neoliberalized labour market, examining union- and community-based approaches to labour organizing, migrant labour, and media (mis)representations, among other key topics. Canada has one of the highest rates of low-wage work among advanced industrial economies. In a labour market characterized by the ongoing fallout from COVID-19, deepening income inequality, job instability, and diluted union representation, the living wage movement offers a response and solutions.

The first comprehensive examination of the economic concept now being implemented across the nation with dramatic results.

In early 2007, there were approximately 140 living wage ordinances in place throughout the United States. Communities around the country frequently debate new proposals of this sort. Additionally, as a result of ballot initiatives, twenty-nine states and the District of Columbia, representing nearly 70 percent of the total U.S. population, maintain minimum wage standards above those set by the federal minimum wage.In A Measure of Fairness, Robert Pollin, Mark Brenner, Jeannette Wicks-Lim, and Stephanie Luce assess how well living wage and minimum wage regulations in the United States serve the workers they are intended to help. Opponents of such measures assert that when faced with mandated increases in labor costs, businesses will either lay off workers, hire fewer low-wage employees in the future, replace low-credentialed workers with those having better qualifications or, finally, even relocate to avoid facing the increased costs being imposed on them.The authors give an overview of living wage and minimum wage implementation in Louisiana, New Mexico, Arizona, California, Massachusetts, and Connecticut to show how these policies play out in the paychecks of workers, in the halls of legislature, and in business ledgers. Based on a decade of research, this volume concludes that living wage laws and minimum wage increases have been effective policy interventions capable of bringing significant, if modest, benefits to the people they were intended to help.