Classy Quote logo
  • Home
  • Categories
  • Authors
  • Topics
  • Who said

Labor Rights Quotes

Labor Rights quote from classy quote

Both political parties have moved to the right during the neoliberal period. Today’s New Democrats are pretty much what used to be called “moderate Republicans.” The “political revolution” that Bernie Sanders called for, rightly, would not have greatly surprised Dwight Eisenhower.The fate of the minimum wage illustrates what has been happening. Through the periods of high and egalitarian growth in the ‘50s and ‘60s, the minimum wage—which sets a floor for other wages—tracked productivity. That ended with the onset of neoliberal doctrine. Since then, the minimum wage has stagnated (in real value). Had it continued as before, it would probably be close to $20 per hour. Today, it is considered a political revolution to raise it to $15.

~ Noam Chomsky

Noam Chomsky America Big Business Business Capitalism Conservative Democrat Economic Growth Economics Economy Eisenhower Entrepreneurs Entrepreneurship Europe European Growth Labor Labor Rights Liberal Minimum Wage Money Neoliberalism New Deal Political Politics Radical Republican Revolution United States United States Of America Workers
  • Classy Quote

    ClassyQuote has been providing 500000+ famous quotes from 40000+ popular authors to our worldwide community.

  • Other Pages

    • About Us
    • Contact Us
    • Privacy Policy
    • Terms of Use
  • Our Products

    • Chrome Extention
    • Microsoft Edge Add-on
  • Follow Us

    • Facebook
    • Instagram
Copyright © 2025 ClassyQuote. All rights reserved.