As has been pointed out elsewhere in the thread, most of the problems can be solved better by treating people with respect rather than raising minimum wage through the roof.
By that I mean universal healthcare, guaranteed sick leave and childbirth leave as well as minimum 3-4 weeks vacation a year and a good unemployment system.
I agree with you, but let’s not rule out the wage issue, like it’s crazy that people need to work multiple jobs to make ends meet, but also finding dependable workers that take pride, that’s I think about respect, I am sorry but how I’m supposed to take pride if I do a job well done, then at the first issue the company is just going to lay me off to maximise bonus or dividends?
For sure, there is also one other thing I forgot to mention which is access to affordable (and not unhealthy) housing. With all those in place people wouldn’t be so dependent on their employer. I see a lot of FI/RE stories focusing on the importance of having fuck-you money in order to be able to stand up to your boss. Well if you live in a decent welfare society you can do that without $4M.
This would in effect force employers to pay better.
I understand many places in the USA you can be legally fired for no reason and with no notice. That is surely harmful to the development of a sense of trust and loyalty towards one's employer.
All those things are absolutely necessary to raise to an objectively higher standard like that of western Europe.
However, due to the hedonic treadmill, after people get accustomed to it and take things for granted, people will find reasons to be unhappy and frustrated and claim that they live in the worst possible times etc.
EDIT: just to be clear: I'm not saying that since people will complain there is no point in improving, nor I'm saying that you don't have to listen people's complaints since they just don't know how lucky they are. It's important to keep improving more and more, since there is still room for improvement. What I'm saying is that it's hard to compare the quality of life in different places just by measuring how many people are complaining here or there.
Until you lose your job which is kind of the point.
Besides if 50 dollars an hour becomes minimum wage for everyone you can bet your years salary that healthcare providers are going to raise their prices accordingly.
By that I mean universal healthcare, guaranteed sick leave and childbirth leave as well as minimum 3-4 weeks vacation a year and a good unemployment system.