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View Diary: Refuting a dumb argument against having a minimum wage (18 comments)

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  •  I say bunk to that (2+ / 0-)
    Recommended by:
    offgrid, benamery21

    Unorganized individual workers and potential workers, up against a corporation who wants to increase profits and reduce cost centers (such as employee income).

    The fact that we have a minimum wage at all (or even any labor laws) tells me that corporations act in their own self interest, to the point of destruction on the workers' part. Left to itself, the "market" would create perpetual sweatshops if not outright slavery.

    And so we the people have created barriers against this destruction: laws against child labor, safety regulations, and labor unions (which allows Labor to engage on near-equal footing with Capital, and negotiate against sweatshop wages/conditions).

    The modern incarnation of the Republican Party seems dead set against all of these barriers, and (on the whole) is working to dismantle them.

    •  Re (1+ / 0-)
      Recommended by:
      nextstep
      The fact that we have a minimum wage at all (or even any labor laws) tells me that corporations act in their own self interest, to the point of destruction on the workers' part. Left to itself, the "market" would create perpetual sweatshops if not outright slavery.
      Most people currently make more than minimum wage, and without unions.

      Under your reasoning above, how does this phenomenon occur?

      (-5.50,-6.67): Left Libertarian
      Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

      by Sparhawk on Wed Jan 08, 2014 at 05:11:21 PM PST

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      •  It varies by job sector (1+ / 0-)
        Recommended by:
        Wednesday Bizzare

        but particularly in the manufacturing sector, there are plenty of cases where non-union shops have had to raise wages to union or near union levels in order to attract a qualified workforce.

        However, in times of high unemployment the trend can go the other way, where non-union shops can cut wages without fear of losing their workers, because there are few jobs to jump to. In these cases, there is pressure on the union workforce to cut wages and/or benefits because they can't compete as well with the non-union shops. This is where we find ourselves now.

        Raising the minimum wage dampens this downward trend.

        "If you lose your sense of humor, it's just not funny anymore" Wavy Gravy

        by offgrid on Wed Jan 08, 2014 at 05:40:57 PM PST

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      •  We haven't given the oligarchs long enough? (0+ / 0-)

        to enslave us all?

        Iron sharpens Iron. Normal is a dryer setting. STOP illegal immigration NOW! -- Make it LEGAL. If Corporations are People--Let's draft them.

        by benamery21 on Wed Jan 08, 2014 at 09:06:57 PM PST

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      •  I guess you have never heard of company (0+ / 0-)

        towns where you are a literal slave to the company in question.  But then again I doubt you would have a problem with that, after all if you don't like the terms then just don't sign the company store credit contract, right?

        You have watched Faux News, now lose 2d10 SAN.

        by Throw The Bums Out on Wed Jan 08, 2014 at 11:50:52 PM PST

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