this post was submitted on 20 Oct 2024
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I agree that legislative parliaments shouldn't determine minimum wages.
Minimum wages are a safeguard against certain forms of wage theft, IMO, because the biggest stick around acts as your compulsory union.
Voluntary unions should then collectively determine minimum wages in a separate body.
I do not agree that there should be sector-specific minimum wage alone as every human being has worth and thus their time as well. This does not exclude sector-specific negotiations.