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McQUARRIE – Using minimum wage poverty as a tool for business success

(Image: Mel Rothenburger photo)

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.

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Bill McQuarrie is a Kamloops entrepreneur. He can be contacted at billmcquarrie@gmail.com. He tweets @bafflegabbed.

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1 Comment on McQUARRIE – Using minimum wage poverty as a tool for business success

  1. Businesses and the consumer are motivated by the relatively simplistic mindset of paying the littlest amounts to the most return and they cannot be entirely faulted for that. But a truly dynamic, benevolent and forward-thinking government should understands the negative socioeconomic ramifications of such simplistic mindset and legislate accordingly.

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