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That is not true. Underemployment does not benefit anyone: it does not provide the employee with a living wage and results in an unproductive workforce. You can
by Daishiman 16y ago
That is not true. Underemployment does not benefit anyone: it does not provide the employee with a living wage and results in an unproductive workforce. You can't change the fact that there is a minimum amount of money necessary for a reasonable existence, and going below it is just a means for temporary exploitation of workers, in some (although possibly farfetched) fashion similar to slavery.
Subsistence work with no possibility of improvement does not provide society with a net benefit, but only creates a class of permanent poverty marred by undernutrition and an inability escape the tactical issues of living paycheck to paycheck, and it's an especially important issue in a country such as the US where health benefits are few and time off is minimal.
If minimum wage is taken away, market force WILL drive down the wages, but there will be no social benefit, as it will only result in denying opportunities to a very large sector of society.
- ArturSoler 16y agoA reasonable existence is a completely subjective value. Someone with a $5/hour wage today would live better than some kings some centuries ago. So it does not exist that "minimum amount of money". Society takes a loss. The less wealth is produced, the poorer the society is. It's as easy as that. What denies opportunities is denying someone the possibility of working because he's not productive enough.