Re:I froze the salaries of my executive team to benefit othe...
by dragonwriter on Thursday May 16, 2019 @12:09PM
(#19930256)
> There has to be minimum wage laws
Minimum wage laws, like employer healthcare mandates, are a feudal solution (specifically, viewing employers as feudal lords responsible for the minimal upkeep of their employer-subjects) to a capitalist problem. They are better than nothing, but worse than making minimal upkeep a public function, taxing appropriately to support it, and doing less to impose additional costs or barriers to mutually beneficial employment.
Minimum wage laws, like employer healthcare mandates, are a feudal solution (specifically, viewing employers as feudal lords responsible for the minimal upkeep of their employer-subjects) to a capitalist problem. They are better than nothing, but worse than making minimal upkeep a public function, taxing appropriately to support it, and doing less to impose additional costs or barriers to mutually beneficial employment.