There's some truth to this. A minimum wage is a blunt instrument that can end up causing more harm than good. If the goal is to raise wages, I think there's better ways of doing it. Maybe with some kind of tax code reform.
No. Semi-slavery is no "opportunity" in any real sense of the word, it is a trap. Very few people advance out of sub-poverty wages (and the few who do are no "proof" that it is an "opportunity").
There is a massive difference between people of equal power making arms-lencgh transactions, vs people of virtually unlimited power coercing others to work for sub-poverty wages when their only other option is starvation.
Minimum Wage and Unions work against the tendency for capital, owners, and management to exploit workers for their own gain. History shows societies with a large middle class are far better off and more resilient than societies with a thin upper class and mostly impoverished workers.
Whenever workers for a company are disproportionately reliant on public assistance, as was found in MN, it means that the management has figured out a scam to get rest of the taxpayers to subsidize their business.
The taxpayers make up the difference between what is paid vs a living wage which would be required for those workers to sustainably work for the corp, and the management/shareholders pocket the difference. So, Uber and Lyft are literally scamming the rest of the taxpayers for their profits. Do you enjoy paying taxes to support the executives and shareholders of Uber and Lyft (also WalMart, etc.).
There are several solutions, including:
Solution 1: Reset the minimum wage the way it was originally designed (by 1950s Republicans), so that it pays a livable wage for one person working 40 hours to support a family of 4 above the poverty line. This is what built the middle class.
Solution 2: Tax any and all automation sufficiently to pay a Universal Basic Income above the poverty level so that people have options and do not need to work unless an employer makes it worth their while to undertake the commute, etc. Actual minimum wages may be lower, but the corp taxes will be higher.
Either way, we are the wealthiest society in the history of the planet. We CAN afford to treat everyone with dignity, which includes providing for their basic needs of food, housing, healthcare when they work a full-time job.
Allowing some to exploit others in a coercive semi-slavery arrangement should not be an option in the most wealthy society in history.
Arguing with such a broad statement usually isn't worth the time but I'll bite anyways.
First:
If all minimum wage did was remove opportunities, we wouldn't have one in most of the civilized world. It's plainly obvious that isn't all it does, regardless how you feel about it's effectiveness.
Second:
Minimum wage does remove opportunities - and so what? There's nothing inherently bad about that. If a business can't afford a minimum wage, then they aren't a viable business. Businesses don't deserve to exist in the same sense that jobs don't deserve to exist. A business that can only survive by trapping employees in wage-slavery isn't to the happiness and health of it's society.
suby|1 year ago
Manuel_D|1 year ago
If the previous prices really were bad wages, then Uber and Lyft would be having a hard time finding drivers.
blastonico|1 year ago
silent_cal|1 year ago
DarkNova6|1 year ago
nickpp|1 year ago
toss1|1 year ago
There is a massive difference between people of equal power making arms-lencgh transactions, vs people of virtually unlimited power coercing others to work for sub-poverty wages when their only other option is starvation.
Minimum Wage and Unions work against the tendency for capital, owners, and management to exploit workers for their own gain. History shows societies with a large middle class are far better off and more resilient than societies with a thin upper class and mostly impoverished workers.
Whenever workers for a company are disproportionately reliant on public assistance, as was found in MN, it means that the management has figured out a scam to get rest of the taxpayers to subsidize their business.
The taxpayers make up the difference between what is paid vs a living wage which would be required for those workers to sustainably work for the corp, and the management/shareholders pocket the difference. So, Uber and Lyft are literally scamming the rest of the taxpayers for their profits. Do you enjoy paying taxes to support the executives and shareholders of Uber and Lyft (also WalMart, etc.).
There are several solutions, including:
Solution 1: Reset the minimum wage the way it was originally designed (by 1950s Republicans), so that it pays a livable wage for one person working 40 hours to support a family of 4 above the poverty line. This is what built the middle class.
Solution 2: Tax any and all automation sufficiently to pay a Universal Basic Income above the poverty level so that people have options and do not need to work unless an employer makes it worth their while to undertake the commute, etc. Actual minimum wages may be lower, but the corp taxes will be higher.
Either way, we are the wealthiest society in the history of the planet. We CAN afford to treat everyone with dignity, which includes providing for their basic needs of food, housing, healthcare when they work a full-time job.
Allowing some to exploit others in a coercive semi-slavery arrangement should not be an option in the most wealthy society in history.
rybosworld|1 year ago
First:
If all minimum wage did was remove opportunities, we wouldn't have one in most of the civilized world. It's plainly obvious that isn't all it does, regardless how you feel about it's effectiveness.
Second:
Minimum wage does remove opportunities - and so what? There's nothing inherently bad about that. If a business can't afford a minimum wage, then they aren't a viable business. Businesses don't deserve to exist in the same sense that jobs don't deserve to exist. A business that can only survive by trapping employees in wage-slavery isn't to the happiness and health of it's society.
Third:
Minimum wage has little to no effect on inflation: https://www.sciencedirect.com/science/article/abs/pii/S01651...
And it does have a positive effect on the quality of life of low-skilled workers: https://www.healthaffairs.org/do/10.1377/hpb20180622.107025/
People that argue against the merits of a minimum wage are usually:
- parroting something they heard from a right-wing talking head, (i.e.: they have no evidence to back their claims), or
- they are a business owner that knows their business can only survive if they prey on low-skilled labor