You are viewing a single comment's thread from:

RE: Minimum Wage Economics and the Debate for Humanity

in #money7 years ago

I like that alternative. I prefer funding these things voluntarily, rather than through a government mechanism where typically they'll use most of it on initiating war or paying their own debts, and then give some crumbs to the supposed cause. But that aside, ya, this makes much more sense than a wage law.

If we want everyone to have basic means of survival, then it's best to accomplish that directly. If economics doesn't matter and we're just going for the humanitarian outcome, you may as well not require people to work at McDonald's to be able to live.

And then you don't have the distortions of companies who provide the things we need going out of business from the artificially high wage.

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 66735.55
ETH 3509.76
USDT 1.00
SBD 2.71