Committees of Correspondence for Democracy and Socialism

The Committees of Correspondence for Democracy and Socialism (CoC) is an organization working to find solutions to the problems of poverty and unemployment in the United States. In the following viewpoint, the CoC argues that the federal minimum hourly wage should be determined by a formula that allows a full-time worker's earnings to provide for the basic needs of a family of four. Replacing the inadequate minimum wage with a living wage formula will raise the living standards of the millions of U.S. workers with jobs paying wages at or below the federal poverty level, according to the CoC.

As you read, consider the following questions:
1. What percentage of the nation's wealth is controlled by the most affluent 1 percent, according to the CoC"
2. In the...