COUNTERPRODUCTIVE
MINIMUM WAGE MANDATES
By: SARTRE
Working for wages has never been the path for significant wealth. Most people are
not equipped nor do they have the inclination to be engaged in business endeavors that
will earn them a viable living. The reluctance that most workers bring to their occupation
stems from their inability or unwillingness of properly understanding the related
components that are essential in creating wealth. While many view work as a curse, the
indispensable reconciliation for a practical and tolerable acceptance of universal plight
is that no one is owed a living.
In a world of Totalitarian Collectivism, the powers that
control international economies, seek to pacify the laboring hordes with crumbs from
substandard minimum wage mandates. The foolishness that guarantees minimal scale for
hourly toil can and will never produce a prosperous society. The entire economic
interdependent scheme to destroy the last vestiges of a bona fide "free market"
economy is at the heart of minimum wage mandates.
Corporatists
love higher minimum wage increases because small business is least equipped to absorb
added costs in their operations. Corporatists are in the business of monopoly formation.
Competition is a cardinal sin to the globalists. Any governmental imposition that creates
added strain on the very viability of potential contenders, eagerly sought by crony
capitalism, is destructive to labor.
Wall
Street conglomerates intentionally hire few people, when compared to the total work force.
The trend to slot part time positions with modest or no benefits or contract employees is
the new model. This framework offers little opportunity for the unskilled or first time
job seeker.
BalancePolitics.org offers reasons
pro and con about minimum wage.
Abolish
Minimum Wage Mandates |
Keep
Minimum Wage Mandates |
| 1.
The vast majority of economists believe the minimum
wage law costs
the economy thousands of jobs.2.
Teenagers, workers in training
,
college students, interns, and part-time workers all have their options
and
opportunities limited by the minimum wage. 3.
A low-paying job remains an entry point for those with few marketable skills.
4.
Abolishing the minimum wage will allow businesses to achieve greater efficiency and lower
prices.
5.
When you force American companies to pay a certain wage, you increase the likelihood that
those companies will outsource jobs to foreign workers, where labor is much cheaper.
6.
Non-profit charitable organizations are hurt by the minimum wage.
7.
The minimum wage can drive some small companies out of business.
8.
A minimum wage gives businesses an additional incentive to mechanize duties previously
held by humans.
9.
Cost-of-living differences in various areas of the country make a universal minimum wage
difficult to set.
10.
Elimination of the minimum wage
would mean more citizens and fewer illegals would be hired for low-pay hourly jobs,
leading to greater tax revenues and less incentive for illegal immigration.
11.
The minimum wage creates a competitive advantage for foreign companies, providing yet
another obstacle in the ability of American companies to compete globally.
12.
The minimum wage law is just another example of government condescendingly controlling our
actions and destroying personal choice. Citizens do have the ability to say no to a lower
wage. |
1.
Adults who currently work for minimum wage are likely to lose jobs to teenagers who will
work for much less. 2.
Workers need a minimum amount of income from their work to survive and pay the bills.
3.
Businesses have more power to abuse the labor market.
4.
It forces businesses to share
some
of the vast wealth
with
the people that help produce it. |
The
motivation to impose minimum wage conditions for employment is to control the workforce.
Helping the downtrodden is a myth or an outright lie. Functioning businesses must be able
to balance their books to survive. Employing productive labor translates into paying a
scale that benefits both the business and the worker. In the age of systemic social
welfare, it is insulting to claim that minimum wage laws grow the economy or increases
labor opportunities. |
Talk Of Liberty,
in Abolish Minimum Wage
makes the
point:
"If
you make minimum wage, most likely you are on government housing, food stamps, Medicaid,
fuel assistance and all the other government goodies. My point is if this is the group you
are worried about, you shouldnt. That is the point of this countries welfare system.
This is where the Liberals want to have their cake and eat it to. Get rid of welfare and
its massive costs if you want higher wage laws, get rid of welfare."
The
proper way to hasten a true domestic economic revival is to adopt a "right to
work" policy that allows independent businesses to hire people based upon the free
exchange and responsibilities of agreed remunerations. Without profitable incentives and
relief that small business can secure, taking the risk of employing additional "hired
help" is purely academic.
Thomas Rustici,
in his scholarly Cato paper, A PUBLIC CHOICE VIEW OF THE
MINIMUM WAGE, identifies the
nature of the impasse to achieving free markets.
"Before
one can hope for the abolition of the minimum wage, the influence of the well-organized,
special-interest groups that receive the bulk of the benefits from it must be reduced.
There is, however, little chance that such groups as Northern unions and businesses, or
interest groups in general, could be barred from the political process in the near
future."
The
problem with any acceptance of government imposition of compulsory wage scales into
private employment negotiations destroys opportunities for employees. A job presupposes
that a business has a reason to hire added help and can afford the costs of a days
pay for a days work.
A
socialized economy inevitably ensures a stagnate workforce. People need to be encouraged
to learn the skills that small business demands as the basis for injecting worth and value
in order to earn a paycheck.
The
answer to the Corporatists/State oppressive economic stranglehold is a workable free
market of exchange, barter and consensual business relationships. Liberate your thinking
before you can fatten your pocketbook.
"Published originally at EtherZone.com :
republication allowed with this notice and hyperlink intact."
SARTRE
is the pen name of a reformed, former political operative. This pundit's formal
instruction in History, Philosophy and Political Science served as training for activism,
on the staff of several politicians and in many campaigns. He is a past columnist for
Ether Zone.
SARTRE can be reached at: BATR@batr.org
We invite you to visit
his website at:BREAKING ALL
THE RULES
Published in
the October 12, 2012 issue of
Ether Zone.
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