Interesting, so if I'm reading between the lines here, using a blockchain to implement secure verification and transactions to institute a direct democracy? That is actually something I could really get behind. If I'm off-base, please elaborate.

As far as the free market, I feel it's a solution that would ultimately result in a greater shift of power to existing corporations. Without minimum wage, why should I believe that the largest hiring companies won't continually hire cheaper labor as they eliminate the competition that might hire at better rates?

That said, I think this stems from the human desire to make purchases for as cheap as possible. If you could curb the penny-pinching aspect of our culture, perhaps not impossible, then I could see the free market working. As it stands, people are too short-sighted to see the harm that can be brought by buying the cheapest option they can find, empowering corporations to cut corners and underpay workers and suppliers.