[zulfazli]

I guess an easy way out is to make these laws to only apply for individuals being paid below a certain threshold.

If, for example, you are being paid 10x minimum wage, you are very likely not being in an oppressed position hence the statue would not apply to you. Win win?

[dcolkitt]

Its interesting that’s the approach that securities law essentially takes. When it comes to certain “risky” investments (e.g. hedge funds, private real estate, venture capital), only “accredited investors” are allowed. Which basically means anybody with more than $1 million net worth.

The idea being that, we don’t want conmen ripping off widows and orphans with unregulated schemes. But if you’re reasonably wealthy, then you’re assumed to be a big boy who can make their own decisions. (The terms of these deals even include “big boy letters” where the parties acknowledge that they understand and accept the risk)

[dannyw]

Then low wage workers get shafted while the rich gets richer.

[gruez]

How so? Isn't the whole premise that working as a contractor is bad for low wage workers?