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The living wage is not an answer to poverty

It's a fantasy to assume that the living wage is somehow going to be a poverty breaking panacea

By George Magnus  

Community leaders, cleaners and civil servants join Government cleaners as they protest outside the Foreign and Commonwealth Office, London.

The answer to the question “should people on low pay be paid more?” is rhetorical, and ranks with questions such as should we pay more attention to the environment? Or should doctors and nurses be paid more than finance professionals and footballers? Questions about low pay…

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