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A comment on What harm do minimum wages do?. Parent comment

Re:What harm do minimum wages do? by drran on Thursday August 20, 2020 @02:27AM (#24220461)
It looks like excellent solution for startup: just pay 100% of startup profit to workers by giving them 100% of shares, so they will self-insure themselves and be OK when startup will fail.
[ Parent | on HN ]
Re:What harm do minimum wages do? by IncRnd on Thursday August 20, 2020 @05:21AM (#24221443)
That almost guarantees that fewer companies will be started, since your model removes incentive for people to benefit from starting companies.
[ Parent | on HN ]