Capitalist Calls for $15/Hour Minimum Wage

[Omaha Steve]

http://www.aflcio.org/Blog/Economy/Capitalist-Calls-for-15-Hour-Minimum-Wage



Guess who’s calling for a $15-an-hour minimum wage? A self-proclaimed capitalist.

Entrepreneur and venture capitalist Nick Hanauer made our case for a minimum wage increase yesterday in Bloomberg.

“The fundamental law of capitalism,” he says, “is that if workers have no money, businesses have no customers.”

FULL story at link.

[WCGreen]

1. Wow, what a fucking genius....

[Eleanors38]

2. IIRC, Henry Ford said much the same thing.

[Populist_Prole]

3. Nick Hanauer's great; his demand-side views are right on, but it won't matter to conservatives

They'll just smear him as their rich liberal caricature, like George Soros and the like.