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Economics: The Family Wage
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this post was submitted on 22 Aug 2023
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Work Reform
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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.
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- All workers must be paid a living wage for their labor.
- Income inequality is the main cause of lower living standards.
- Workers must join together and fight back for what is rightfully theirs.
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- Higher wages for underpaid workers.
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- Better and fewer working hours.
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Yeah I often see people discussing minimum wages and living wages, this was a different concept I stumbled upon for people to think about, which makes sense for society to consider because if workers have families they're not simply trying to earn a "living wage" (enough for them) but also enough for kids and/or spouse, etc.
family wage: enough to support a whole family by one breadwinner (traditionally thought of as an individual male; even with dual breadwinners you could still have an idea of how much a "family wage" would be that pays for the costs of the whole family)
living wage: enough to support an individual
minimum legal wage: legally allowed minimum to pay per hour (I don't know how common it has been for a minimum wage to be enough to raise a family)