WITH ONTARIO having increased the minimum wage to $14 and Alberta making similar changes, I thought it an appropriate time to write of what for some, is a belief in and acceptance of purposeful poverty. In this instance, I’m speaking of the use and acceptance of poverty as a tool for business success.
Up until now, we have normalized an economic system that uses minimum wage as a business success strategy. There seems to still be a corporate philosophy that endorses poverty in the name of shareholder equity and in so doing, institutionalizing subsistence living as a perfectly normal 21st century way of life.
Once thought to be the domain of entry level jobs for young workers, minimum wage jobs are becoming the norm.
Bill McQuarrie is a Kamloops entrepreneur. He can be contacted at email@example.com. He tweets @bafflegabbed.