There are plenty of articles on this topic, this one is just my contribution to the topic.
The minimum wage is a scam, it puts people out of work, increases the cost of living for everyone & destroys small businesses, creating monolithic monopolies. It also creates millions of wage slaves who are entirely expendable with no rights.
The minimum wage puts people out of work:
The minimum wage removes the right & freedom for an individual to make an agreement upon what is fair and what is not in regards to payment of wage. It is in no way fair that I am forbidden from working for less than the minimum wage and that I and my employer could be imprisoned for doing so.
In regards to fairness, the minimum wage has NOTHING TO DO WITH WORKERS RIGHTS; it has nothing to do with preventing slavery and ensuring safety. The minimum wage is wholly unfair. Government must be there to prevent issues, doing so when they arise. Government is there to ensure freedom & liberty, by preventing people from restricting others freedom & liberty. Hence why murder is illegal. We should have laws which ensure a minimum safety standard, defined proportionately, such as making respiratory equipment mandatory when workers deal with materials defined harmful to respiratory function – because if we did not make it mandatory then this minimum standard of safety would become a business decision which would place the burden upon workers to jeopardise their own safety, and workers would be forced to do so as part of an economic decision. This minimum standard of safety must be ensured, as it is reflective of society upon what is acceptable. It may have previously been acceptable that one take such risk and endure such harm when the technology did not exist, but given the menial cost of protection it should be expected, and they only way to ensure such things are to legislate for them, but this is merely a minimum standard of what is acceptable and what is not. It is not for us to nanny and restrict, for instance forcing people to wear hi-vis everywhere.
Anyway, back to the point. Fairness. It is by no means fair to restrict the freedom to choose what one works for, or for how long (except in the case of safety – i.e. restricting consecutive working hours operating a truck without a break).
What the minimum wage does is then puts people out of a job. It puts those out of a job who were happy working for this wage. It then puts up prices for everyone, because you are now paying a disproportionate, artificially inflated amount for the services you purchase. If somebody wants to work for £1 an hour then let them, it is their choice. It has nothing to do with slavery or workers rights, as I’m sure some will scream. The abolition of the wage slave minimum wage does not mean we abolish workers rights. It does not mean people can be forced to work for low wages, if anything this is what the minimum wage does. It destroys small businesses because they now cannot compete due to this artificial inflation of wages, this results in jobs being outsourced to monopolistic companies, often in an entirely different country, which further increases prices by reducing the country’s economic buying power.
An increase in wage means nothing, if it is that your living costs increase with it. Anybody who says ‘it increases wages’ or it ‘reduces living costs’ independently are selling you a lie. It is about the income:living cost ratio. What is your income relative to your living costs. Your income may be £10 an hour, but if your living costs have increased 200% relative to this wage increase then you are worse off, and this is what the minimum wage does. As now these monopolistic monoliths increase prices everywhere, they restrict supply, skilled labour becomes few and far between and ‘specialist’ and therefore expensive. For the millions of those now on the minimum wage they are totally expendable. There are now millions unemployed because of the minimum wage, making them easily replaceable. They are being paid over the odds for their work, giving them no leverage with their employer, no competitiveness. The minimum wage does not put food on people’s table, it does not increase anyone’s net earnings, not even those who earn more then they would, because it is only taken straight back out of their pocket when they go to buy food & clothes from the same firms that enslave them. People become de facto forced to work in firms which they dislike, whether or not they follow the working rights laws, because there are no other firms to work for.
The minimum wage has nothing to do with safety or basic rights. It has everything to do with greedy people, with greedy morons who think they can earn more for nothing, and with greedy individuals who run the monopolies who enslave those on the minimum wage. The minimum wage is a scam.
On the topic: The scam of modern employment law.
Having written about the minimum wage, it seems only fitting to write about the other various farces that form the modern employment laws.
Along with the wage-slave law, the minimum wage. In the UK we have many other laws that create this modern day wage-slavery.
Those that force employers to pay months of ransom sick pay
that criminalise those who punish those who do not actually work for them – i.e. the right to strike, yes you do have the right to strike, but what you do not have is the right to strike & stay in employment.
That force mothers into work by subsidising it through maternity leave & tax breaks & other various ‘benefits’.
Put simply, employment laws, as with all else, should prevent unfairness, not enforce it.
Our employment laws should focus on the minimum standard of safety, interfering political organisations such as unions should be abolished, the only unions we should have should focus purely on the safety of workers within their relevant sectors, all other disputes should be handled within the company & if the worker doesn’t agree then they can leave such company, and because we haven’t created monolithic monopolies, they can just as easily, if they possess the skills, join another company. This way, if companies are scummy they will not survive, unlike in this current wage-slavery system.
Our employment laws should prevent people being forced to work, again in regards to safety.
Our employment laws must not:
mandate what workers can and cannot be paid
mandate when workers can and cannot work (unless in regards to safety)
mandate who can and cannot be employed (unless in regards to safety, i.e. paedophiles in nurseries)
nanny what can and cannot be done, restricting both employers & employees, when it offers no real benefit to safety (i.e. forcing people to wear hi-vis absolutely everywhere).
Our employment laws must:
ensure all workers basic safety is mandatory (respirators when handling materials harmful to respiratory function).
Ensure no worker is forced to do anything, (by forced I mean actually forced to, not ‘I don’t want to work, I’m striking, you can’t fire me).
So for all you thinking a higher minimum wage, or the minimum wage at all will make your life better, think again, it won’t & it doesn’t.