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It's been pretty clear for a long time that Keynes was mostly right about creating aggregate demand via raising wages at the low end of the scale, and it actually stimulates businesses when this happens. Granted, the capitalist economy is not stable, but the hoopla about minimum wage being bad has always been a joke. Best examples I can think of in the US are the Santa Fe & San Fran living wage laws, which have been studied in detail by researchers.
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