Re:What harm do minimum wages do?
by arp242 on Wednesday August 19, 2020 @08:45PM
(#24218663)
I would personally rephrase the previous comment as one of choice: for a free market to function you must have a reasonable choice to say "yes" or "no"; if you're strongly incentivised (or even forced) towards saying "yes", then that's not a very free market.
And that what's skewed here: as a (low-income) labourer, I often don't have all that much choice but to say "yes" since my bargaining power and alternatives are extremely limited. Often times people can't really "compare options".
And that what's skewed here: as a (low-income) labourer, I often don't have all that much choice but to say "yes" since my bargaining power and alternatives are extremely limited. Often times people can't really "compare options".