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David Steven

David Steven

Writing for PS since 2003
2 commentaries
0 videos & podcasts

David Steven, a senior fellow and associate director at New York University’s Center on International Cooperation, is Director of the Pathfinders for Peaceful, Just, and Inclusive Societies and co-author of the recent essay series “Driving Transformative Change: Foreign Affairs and the 2030 Agenda” (adelphi, 2019).

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  1. oneill69_Malte Mueller Getty Images_handholdingdollarsign Malte Mueller/Getty Images

    A Living Wage for Capitalism

    Jim O'Neill

    Higher nominal wages for low-paid workers can boost real earnings, increase consumer spending, and help make housing more affordable. And insofar as raising the minimum would increase companies’ wage bill, it would create a stronger incentive to replace labor with capital, which could lay the foundation for renewed productivity growth.