Constraints on Democracy: Capital Mobility and Political Inequality
Regardless of one’s governing model, control over interjurisdictional capital flows is a necessary condition for genuinely democratic policy-making.
Garrett Evans is a freelance writer and labour-economics researcher at the University of Toronto, where he recently completed his M.A. in Economics.
Regardless of one’s governing model, control over interjurisdictional capital flows is a necessary condition for genuinely democratic policy-making.
Minimum wage policy appears to impact three times as many workers as typically assumed, rendering it much more powerful than considerations of minimum-wage earners alone would suggest.