Econ 101: maximum rage about the minimum wage (video)

On Tuesday morning, Radio 4’s Today Programme and a number of centre left papers ran a story about the ‘living’ wage.  Unfortunately, this important story was then swamped by the hacking trial circus later in the morning. The reality is that the …

When it comes to cutting the budget deficit, why do conservatives think tax cuts for the wealthy are different to welfare cuts for the poor? (Video)

It is said that what happens in the US happens in the UK shortly afterwards. This clip of the Daily Show shows US conservatives making the argument that it is ok to attack the incomes and the dignity of the weakest and the poorest …

How the fight against wealth inequality makes 99% of us Nazis (video)

The wealthy are under attack in a class war.  Venture capitalist Tom Perkins recently said that there are parallels between the way that the Nazis waged war against the Jews and the way the ninety-nine per cent are engaged in demonising the …

McDonald’s expect their staff to work two jobs because they won’t pay a living wage (video)

Billionaire Charles Koch, sage to the Tory right in the UK and provider of support to just about every tea party-esque group (including, obviously, the Tea Party) in the US,  wants to eliminate the minimum wage because it creates a “culture of dependency” and he …

Capitalism: serving God and Mammon? (video)

Fox News‘ and CNBC‘s squawking heads have a number of arguments that they like to marshal against raising the minimum wage; ranging from the following absurd gems: It’s just more government assistance; Minimum wage jobs are supposed to suck; and If the …