This is getting fun
. Please please please don't take anything I have to say without lots of salt (or however the saying goes). I'm mainly engaging in this dialog for fun (though there is also potential for it to be enlightening).
That sort of thinking tends to ignore several things.
1. It is the tendency of wages to fall so low as to become exploitative. This is at major cost to humanity, and the economy should be molded to serve humans. Not the other way around.
If government wer to exist as an agent whose express purpose is to curtail corruption, then there shouldn't be exploitation. Minimum wage does not stop corruption, it just stops poverty. I would argue that corruption causes poverty. Addressing poverty is a way to try and preserve corruption and make the 'slave'-class whine less or not know to whine. If socialization methods actually resulted in capable citizenry, then exploitation would be impossible and minimum wage would not be necessary. I'm obviously talking about an 'ideal' state. Suddenly eliminating minimum wage would cause lots of problems. However- with legitimate education reform and maybe some civil standards (liberty violation, but it is worth it), we could get rid of minimum wage in 5-10 years and be the better for it. In my humble opinion, the ideal government relies on its own citizenry to be self-governed. That's more or less how the US government was conceived, but now inividuals have greater financial independence (IE land-owners historically represented the voting majority- they were responsible for the local economies), making them more liable. With an increased quantity of 'governers' and a very limited formal standard, the local economy of the individual is too unpredictable, resulting in the apparent necessity for more intervention. Addressing the symptoms is stupid, but it's easier and produces more voters.
"Getting rid of the minimum wage" . One has to assume you're nowhere near minimum wage, and as such isn't your problem.
Pfft- I'm poor as dirt. My highest aspirations for financial success, at the moment, is getting a job as a teacher. But the sentiment is flattering ^__^. I've lived off of minimum wage a few times-- there's a lot of time to think about why minimum wage exists and what it actually means. As I'm a fairly industrious individual, my persistent requests for COLs (Cost of Living adjustments) almost never get denied. In three separate cases in three very distinct living arrangements (NYC, Dallas, Portland), I've gone from minimum wage to $12.50+ an hour in 3 months with overtime whenever I wanted it. It's funny when you hit the 44+ hour mark and your boss comes to you and says, "Well, I can send two people home or I can send you home- what do
you want?" All of this is, of course, delusions of mediocrity, but my own little testimonials indicate to me that companies are more than willing to pay you what you're worth.
Anyways, minimum wage- It looks real good on paper, but the effect isn't so clear.
Say.... we're in retail. Shelf-time of a product is a cost factored into the upkeep of the property. Having employees service customers is a component of the per product upkeep. That is, the cost of keeping any item on a shelf increases with the cost of property and labor. Cost of property increases with the cost of maintenance. Then there's also the cost of the actual product and shipping it to the storefront.
Labor costs get factored in at multiple stages of a product life-cycle. We've got manufacturing, shipping, retail (which includes property maintenance, the production of construction materials, etc) etc etc etc. The cost of a product is a reflection of the cost of production, which includes the cost of labor (from the labor that builds the manufacturing plant to the labor that stocks the shelves).
Arbitrary flooring of wages has a
compounding effect on the cost of production. This results in an increased cost of living for EVERYBODY! Including the minimum wage earners! Minimum wage is also a disincentive to hire...
The hope is that minimum wage keeps more people out of the dregs than it puts in the dregs, but there's no way to prove whether it does or not. Minimum wage looks very good on a political platform, but it's just a multitude of patches to avoid some basic central problems. It's a Keynesian-esque non-solution that gets votes.
2. While it is true that the government screws things up for the market, they are supposed to. The market is an unthinking and unfeeling tyranny that is entirely apathetic toward human suffering. Just as it should be. It is the job of government to smooth it's edges and protect the population from it's unthinking malice. ["The market is Cthulhu" --Me, 2006]
The market is an expression of the society. Healthy society has a healthy economy. Ours is on a wide range of medications (but not as bad as other places)... As far as American history is concerned- Government is the agreement of land-owners to adopt principles of financial activity. Government is a fantastic and wonderful thing, when it does what it is supposed to do. Ours isn't doing too poorly...
An expression of society whose defendants are pressing hard to make the only expression of society.
Vacuous, but I'm not sure there's anything particularly wrong with that. In application maybe, but not in principle. An enlightened society, imo, is morally obligated to improve the quality of life of others by introducing ideology that does as such....... It's just a shame that an enlightened society would never engage in such behavior (implying that the inverse is true, of course). Regardless, I don't really know how to properly address your non-sequiter... I agree? I mean, pressing hard? I guess, I kind of like that.
Finally: The essential issue is that humans are not treated well by the market. Humans, and their labor, are best not to be bought and sold like chattel on the alter of the free market. The market is not the best mitigator of human suffering. When our government gets into to bed with the captains of industry, when the democracy is bought off and subverted by the big financiers, that is where the major problems come.
Corruption is bad, poverty is worse, the market is just an expression of how humans have been nurtured into a society. Healthy humans => healthy market => less need for government.
Free, regulated market is a solution for several needs of society and human beings, but not (by far) for them all, and not necessarily the best for them all.
I'm not directly opposed to intervention or regulation.
Deregulation and privatization of certain markets typically results in a lot of sudden and unmanagable problems. Ever notice how we have some kind of economic crisis directly after a president deregulates an industry before leaving office? I include pharmaceutical ads on TV as one of these crisis. Energy in the 90s, housing/banking in 00's, and lots of other stuff throughout history.
I'd just rather judges be responsible. I think it'd be more resistant to corruption than appointed positions (regulatory commisions and cabinet positions). A judge can drive immoral commerce into the ground with threat of total liquidation of a company's assets-- but a case with such consequences cannot reach a court because regulations more often than not protect those companies from paying appropriate damages. McDonalds should be afraid of being completely obliterated every time they invent a new form of chicken...
It is market pressure itself twisting the purpose of government that keeps a second class illegal immigrant population around to be exploited. It is not government meddling in the market that is the issue here, it is the market meddling in government.
Market pressure twists the purpose of government? Vacuous. Corruption is an arrangement between two parties to cooperatively exploit others. Money doesn't spontaneously cause corruption-- people do it against others. It is, quite simply, a moral issue. A thing that courts are, as a branch of the government, supposed to take care of.
I wouldn't call illegal immigrants 'exploited.' They are in the case of businesses trucking them in for industrial purposes, but for petty labor (the majority) they are treated fairly well. Companies tend to hire them NOT because they are cheaper labor, but because they actually do work. My father, at one point, regularly employed 200 people-- his own personal observation was that black americans and naturalized mexicans (second generation and beyond) are the worst workers to have around-- they're entitled, lazy, and regularly steal equipment. This is as true as a generalization or stereotype can be (he did have several hard working black/naturalized mexican employees).
What about lazy, stealing locals? Weren't there any?
EDIT: Oh sorry, those *are* locals. What are you supposed to be? a "wasp" ?
In many southern communities, the "lazy stealing locals" that are available to hire at low-wages is mainly comprised of black or mexican citizens. White people don't really do much suburban chattle labor in the south. They don't do it because they elect not to, not because people won't hire them.
LOL- Wasp? Try Wop. I'm first generation Italian-American. There was additionally no inheritance for me after my father's death. I am as unpriveleged as they come (except for the fact that I'm Italian, there's always an advantage in that).
Market will twist everything because of the following, simple reasoning
1 - Market players want to make money
2 - Market players want to make ever more money
3 - Making money is the top goal of a successful market player
>3b -Therefore, all other goals are secondary
5 - Changing the rules of the game can help you make money
3b throws ethics out of the window, 5 means that players instead of sticking to playing will try to cheat, 2 turns it into an ever degenerating downward spiral.
Unfortunately, what you have presented is not "reasoning."
QUIT BEING SO DAMN GREEDY
I'm greedy? Something about you saying that makes me feel all warm and fuzzy inside.