Re:What harm do minimum wages do?
by oivey on Wednesday August 19, 2020 @08:30PM
(#24218550)
I was responding to this quote:
> Textbooks state that, in the absence of a minimum wage, a worker is paid his “marginal product of labour”, which means the value of what he produces.
You may disagree with my reasoning, but you yourself are making the case that workers are not paid for the value of what they produce.
> Textbooks state that, in the absence of a minimum wage, a worker is paid his “marginal product of labour”, which means the value of what he produces.
You may disagree with my reasoning, but you yourself are making the case that workers are not paid for the value of what they produce.