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Exactly. People won't work for less than their worth. So a minimum wage doesn't accomplish much except set a price floor that excludes low value add workers f

Exactly. People won't work for less than their worth. So a minimum wage doesn't accomplish much except set a price floor that excludes low value add workers from the economy.

thatfrenchguy 7y ago
You clearly never have been poor
deleted 7y ago
[deleted]
henryfjordan 7y ago
If you were starving and I offered you a job washing dishes for $2/hour, would you take it to be able to afford some rice+beans tonight or would you rather not eat tonight? You're worth more than $2/hour. We need minimum wage laws to protect people from being crunched by capitalists exploiting labor market inefficiencies.
- 0xffff2 7y ago
  > You're worth more than $2/hour. Says who?
  - henryfjordan 7y ago
    In this scenario let's presume the laborer has valuable welding skills but the only factory in town closed. They need to move somewhere else to use their skills but that takes time. In the meantime they need to eat and so they take a job washing dishes. Inefficiencies in the labor market happen all the time. A minimum wage is one way to protect desperate people from being unfairly exploited.
  - Brain_Thief 7y ago
    It was a parameter stipulated in a hypothetical example.
mnm1 7y ago
> People won't work for less than their worth. That's beyond absurd, showing no understanding at all about human nature whatsoever. I have billions of counterexamples for you. I cannot think of anyone I know who hasn't done this at some time in their life. Working for less than one's worth is, in fact, what the majority of the human race is doing. Working for one's worth or for more than one's worth is what is rare and almost nonexistent.
falcolas 7y ago
> People won't work for less than their worth. People do it all the time. When their basic needs (food, health, shelter) aren't being met, they'll take whatever work they can. It doesn't mean they're getting their true worth out of that work, it just means they're getting screwed by their employers who are taking advantage of their need to pay them less than they would otherwise.

Exactly. People won't work for less than their worth. So a minimum wage doesn't accomplish much except set a price floor that excludes low value add workers from the economy.

thatfrenchguy 7y ago

You clearly never have been poor

deleted 7y ago

[deleted]

henryfjordan 7y ago

If you were starving and I offered you a job washing dishes for $2/hour, would you take it to be able to afford some rice+beans tonight or would you rather not eat tonight? You're worth more than $2/hour. We need minimum wage laws to protect people from being crunched by capitalists exploiting labor market inefficiencies.

0xffff2 7y ago
> You're worth more than $2/hour. Says who?
- henryfjordan 7y ago
  In this scenario let's presume the laborer has valuable welding skills but the only factory in town closed. They need to move somewhere else to use their skills but that takes time. In the meantime they need to eat and so they take a job washing dishes. Inefficiencies in the labor market happen all the time. A minimum wage is one way to protect desperate people from being unfairly exploited.
- Brain_Thief 7y ago
  It was a parameter stipulated in a hypothetical example.

mnm1 7y ago

> People won't work for less than their worth. That's beyond absurd, showing no understanding at all about human nature whatsoever. I have billions of counterexamples for you. I cannot think of anyone I know who hasn't done this at some time in their life. Working for less than one's worth is, in fact, what the majority of the human race is doing. Working for one's worth or for more than one's worth is what is rare and almost nonexistent.

falcolas 7y ago

> People won't work for less than their worth. People do it all the time. When their basic needs (food, health, shelter) aren't being met, they'll take whatever work they can. It doesn't mean they're getting their true worth out of that work, it just means they're getting screwed by their employers who are taking advantage of their need to pay them less than they would otherwise.