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RE: Daily Discussion No. 3: Working and Wages - Minimum, Maximum, Fair - What IS "Fair?"
Without a minimum wage it would be hard to be fair with each new worker. However, as inflation continues to increase new workers are making more than the experienced worker. Not everyone feels comfortable or knows how to negotiate, which is why I think woman are paid less. So, I don't know how to solve this issue or where to even begin.
I don't think there are any easy answers... both a "hands off" AND a "rules" approach lead to results that will end up seeming "unfair" to someone in the system.
I do have a certain issue with the idea that you can work full-time and not make a surviving wage. Many freedom seekers and capitalists would say it's the worker's issue. I'm more inclined to say "Your business isn't VIABLE if it is not capable of making a profit while paying people a living wage."
without minimium wage laws the wages would be higher.