A minimum wage as currently practiced redistributes money from capital owners to labor. If you assume that the market clearing price for non-minimum wage labo

A minimum wage as currently practiced redistributes money from capital owners to labor. If you assume that the market clearing price for non-minimum wage labor is set, as all market prices are set, by the interaction of a supply and demand curve, then it becomes clearer that there’s no mechanism by which the redistribution from one worker to another would happen.