alt Hacker NewsA better definition of slave wages is:
After food, shelter and necessities is there something left over? Lately consuner spending is increasingly debt indicating that its not break even.
A better definition of slave wages is:
After food, shelter and necessities is there something left over? Lately consuner spending is increasingly debt indicating that its not break even.
> consuner spending is increasingly debt
Geneva has the highest minimum wage in the world precisely to try and avoid the "working poor".
Also the "consuner spending is increasingly debt" is very US centric view. The situation in Europe is less extreme and totally absent in many countries.