Building an Economy with Purpose: The Transformative Potential of Baby Bonds
NonProfit Quarterly
DECEMBER 4, 2024
Landmark labor protections like the Social Security Act of 1935 and the Fair Labor Standards Act (FLSA) of 1938 offered unemployment insurance, retirement security, and a minimum wage but excluded domestic workers and agricultural laborers—the majority of whom were Black, Latinx, and immigrant workers.
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