A few years ago, the fight for raising the minimum wage to $15 an hour may have felt impossible, but after years of organized protests and campaigns, the movement has made progress.
Last year, a small handful of states and cities began taking steps to phase in the wage hike and this year, there may be more changes in at least five states and nine cities.
Nick Hanauer is one of the people behind the movement. As a well-known technology entrepreneur and venture capitalist with several yachts, vacation homes and a private jet, he is, notably, not making minimum wage, but he believes that a higher minimum would be good business for him, and, according to Hanauer, the right moral choice.
He joins Here & Now’s Robin Young to share his perspective on the fight for raising the minimum wage.
Interview Highlights: Nick Hanauer – follow link below
Source: The Super-Wealthy VC Behind The Fight For A $15 Minimum Wage | Here & Now