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Minimum wage is more than fair in our society. Today, minimum wage rule is short of what we need to have a just society. Capitalism is generally perceived as the incentive we need to be hardworking and to be innovative. It is also instigating crimes and avarices. Though capitalsim is not bad in itself, capitalists must be checked and controlled because they are just exactly the same as 'slave masters'. Power corrupts and absolute power corrupts absolutely!
Human beings are generally greedy. They want all to themselves. With the abundance of land in the globe today, societies still fight each other, groups fight groups and individuals fight individuals in other to have the control of the land mass. Human beings want to acquire things that will not be common to others and that is where their values lie. Man does not only want to live, he wants a unique life. He does not only want to have a car, he wants to be chauffered around. No matter his comfort, if others are comfortable as him, the state of living which equates his own makes man's standard of living diminish. It is not man's fault, it is due to his brain level of development among other animals and that is where we need rigorous laws to guide our actions as human beings. Likened to other animals, all we need will be simple rules. If there is no minimum wage, organisations like Tesco and Asda will employ for free. There is child labour in China today because the children have less responsibilities and can afford to take lesser pay than adults. American and British organisations are not employing underage not because they are socially responsible but because there are legislations against doing that.
With increase in the take home of the rich, one will expect that it will shower down their class and the poor will partake in the largesse. But no! The human beings are generally oppressive. They will like to show off their affluence and will try as much as possible to protect their wealth except there are laws to ban them. The rich will like to confine their wealth among themselves alone because they realise that they are called rich because they have money. They want to leave some for their children and their children's children. Do not forget that the poor and the rich need the same basic things in life. These basics are food; shelter; clothing; transportation; good health; and education. Any other needs are secondary. The poor buy in the same society as the rich. Though their may be market differentiation,
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by Ethel Smith
Many countries have at some time or another passed legislation to set a minimum wage that employers must pay. The minimum
Minimum wage is more than fair in our society. Today, minimum wage rule is short of what we need to have a just society.
by Tom Koecke
The concept of minimum wage is to protect unskilled employees from employers who might not otherwise pay that amount. It
Minimum wage will never be a "fair" wage, because it will never be based on the value of the work completed. Instead, it
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