August 13, 2013
Since March, the Campaign to Raise the Minimum Wage, a group made up of community organizations across Ontario, has come together to raise the minimum wage to a standard rate of 10 per cent above the poverty line. In 2013 this would be $14 an hour. This important policy issue has aroused passionate public debate and unleashed people’s inner economist.
Arguments against raising the minimum wage have become largely predictable, ranging from fear of job loss, price increases for goods and services, to large-scale economic devastation — all arguments stemming from an austerity or scarcity mindset.
Corporations have been at the forefront of this fear mongering, trying to convince us that, of course, they have the best interests of people at heart.