What exactly is your guys' problem with minimum wage?

What exactly is your guys' problem with minimum wage?

I no longer believe it's uneconomic. It's a huge incentive for people to enter the workforce, and at the end of the day, even if you'd love to pay them scraps, you still need people to clean toilets or work cash registers, so it's not like it makes jobs just stop existing like people like to pretend. And sure it does raise prices here and there, but that doesn't stand at odds with an overall stronger economy, more so when there's more people to feed back now thanks to their liveable income shit job.

I don't feel like tampering with the free market is a grave mistake here either. At the end of the day, big companies can collectively force you to into shit work for shit pay, we see it happen every day. Ignoring it or telling people to just get off their asses and get a degree or whatever doesn't make the problem go away. Even if you don't think it's a humanitarian issue, I wager it can't be healthy in any other regard either to have a sizeable portion of your workforce work gruelling jobs and get shit for pay.

If it's set properly, it honestly feels to me like a mega cheat to just have more people get more work done and be overall happier and do a better job too. Employers deciding on a minimum they can get away with paying you for your work may do good things for their respective company, but ideally, if the company *is* to be considered an agent of a market that feeds back into it's own economy, they should figure out a respectable living wage minimum themselves, anything other than that can't serve a purpose other than make individual stake holders richer than does the market any good. Like, think of Henry Ford paying his employers just enough to be able to buy his own cars so he could keep making them (and in the process make half of the US have a vehicle). It's great for everybody involved, so why not figure out the global minimum value and enforce it. The positives seem to far outweigh the negatives.

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Bonus question, if you could decide the minimum wage of your country (whether you're a fan or not), what would it be?

I can't bid lower then minimum wage, minimum wage take a large portion of negotiation power away from the average worker.

>What exactly is your guys' problem with minimum wage?

You are asking what is wrong with government interference in your life.

>what is wrong with government interference in your life.
OP is German, he thinks government interference is life

it doesn't adress the root causes of low wages, namely labor pool dilution

$0

You make it sound like you go up to the fast food joint and beg them to work for less. What I was trying to get across is, if they have to pay you a minimum wage, then that's what their employees are getting. It might not be *you* because in a market where work is worth at least x.xx bucks an hour, you might lose a bargaining chip in that you'd be willing to whore yourself out for less than that to get your dream job, without a minimum wage, but it doesn't change the fact that it'd be the value that would make sure you actually become an agent that's able to feed back into the ecconomy equal to the amount of hours you put into it.

Drastically put - imagine every last position in the entire country is filled, you don't get a job because you're the least qualified guy, dpn't get money and starve to death. Sucks to be you but it's still better for the economy. In practice, chances are there'll always be places for people willing to put in work to actually find someone to pay them the decided upon value of work in exchange though.

>imagine every last position in the entire country is filled, you don't get a job because you're the least qualified guy

Does no-one ever get sacked or retire or go on the sick?

Communists, everyone.

Yes, I am. You're making it a bit easy on yourself if you just take da gubmint as this evil entity out to destroy all that is good. Be wary and all, sure, but but not all state side solutions are evil and bad for the people by default.

So you are basically saying the worker shouldn't be able to underbid for the job?
That a worker doesn't make the correct decisions and the government needs to make the decisions of wage for the worker?

You think minimum wage affects only fast food workers, and you are wrong.
It takes the negotiation away from all wage workers , even people that make $50+ dollars an hour.
If the base pay is $50 an hour, I cannot under bid that as that's the base pay

>implying corporate interference in your life is any better

How many people have you working for you?
If the answer is 0, then go create a few job positions and then come back. In the meantime STFO

I have a choice as to whether or not I engage with corporations. The government will use violence against me if I refuse to permit them to extort my earnings from me.

Not trying to defend the scab, but look up the Ludlow massacre

>What exactly is your guys' problem with minimum wage?
I don't have problem with it, because it simply raises amount of currency in circulation while not affecting productivity, purchasing power, wealth distribution or resource scarcity.

Japanese get paid minimum 1000 monetary units per hour. Their purchasing power is about the same as Brits who get 8 monetary units an hour minimum. Should rattle your neurons.

tl;dr doesn't make a difference. we could go full Zimbabwe and give everyone one trillion minimum per hour.

Read ebooknetworking.net/books_detail-1619961555.html for debunking the standard neoliberal/Austrian school nonsense and there is a necessity of a national wage floor.

MW is wrong way to go about it as we need Federal Job guarantee.

Woah now, don't act like there's a big difference between a corporation and a government these days. Same people, same nonsense, different buildings.

I'd think that Britbong who lives in the homeland of the Rothschilds, BP and Shell would understand that the distinction between powerful organizations only exists to give peasants false targets.

Say whatever the fuck you want, but if you're unfortunate enough to be born a subhuman with

>What exactly is your guys' problem with minimum wage?
Its a meme to pay people more than they are worth. I think that the market should dictate minimum prices. If you can't fill a job offering $4/hour perhaps you need to increase the offering.

I swear to God that people like you are going to enjoy full socialism ecologic vegan happy camps with no way out some day.
>state intervenes on your whining and ships you to socialist camp (good thing yes)
>fed only ecological vegan food (pig-feed unworthy barley that would be otherwise burned as industrial waste, made into tasty vegan gruel)

Because after years of Marxist socialist/communist theories and studies, it still doesn’t actually work you Communist.

Market always wins just like Vegas.
Pic related. Stay in Germany with your Marxism my ancestors left for a reason.

britannica.com/event/Ludlow-Massacre

Then take away government assistance. That category is also most obese. Miinimum wage is completely irrelevant meme see

Everytime minimum wage has been raised inflation kicked in and set everything right back where it was.

Corporate greed is the problem. I believe in the free market and all but there's no reason some asshole needs billions of dollars every year in personal income. It's all gonna be meaningless once the robotistocracy comes around and we're all living on UBI provided by our Jewish machine overlords.

Why didn't the workers say "I quit" and walk away if they were denied wage raise?

That's what I did with my last work place. I didn't set up barricades and start occupying office floor.

Also link so you can read why you’re wrong

archive.is/FFEXb

This if no one worked the job at the offered wage, the employer would raise the wages to attract someone. This is why illegal immigration and even H1B1 and other visa work programs are bad.

Oh come on, it was just trying to illustrate the theorethical extreme. If I low key ask for people who don't bring value to the economy to die, how is that communism.

I'm saying that there's definitely a "correct" decision for the minimum that's good for the economy, and with no governmental interference, it's between the employees and the employers to find it. Now neither one of those is going to find the perfect value and, hey, neither will the government. But even when employers and employees are mindful of making sure the economy at large keeps functioning, it's quite easy for them to get lost in their own stakes, eg. the large scale company wants to increase market share by making more profits by paying their employees less with no regard for their wellbeing and worth as market agents, and the low skilled numbnuts who have little education want more money than they're actually worth. Why do you think they are more capable of working out a wage that works best for the economy rather than a governmental institution.

All minimum wage does is expand the percentage of human beings classified as unemployable. Now instead of subsidizing half of their living expenses, we have to pay for their entire existence. Plus we don't get to benefit from the low-cost goods their labor would have created, making everything more expensive. Well done.