A “Living Wage” is Long Overdue: Let’s Try Using the Mafia Approach....Desperate people have no respect for property rights. But, when there’s a revolution against economic injustice, it has a way of ending badly. Maybe the mafia have a better idea. Let’s try using a shakedown with the super-rich. Call it a protection racket. You can have your property rights in return for a “basic needs guarantee for the rest of us.” Otherwise…