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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
Poppyseedman Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-28-06 11:22 PM
Response to Reply #16
23. Response
Market Forces arguments carry the false the premise that all players are equal
That is exactly the opposite. Market forces divide the workers into different skill, educational, ambition levels.

If there were no minimum wage, several businesses like WalMart would pay $1.00 an hour, and the workers would either have to take it or leave
Nobody will apply for work at Wal-Mart at $ 1.00 an hour. Wal-Mart shuts down

"Market Forces" only work when imbalances between groups are adjusted through government intervention.
Imbalances between groups are a natural result of being human beings with different skills and education levels. Minimum wage is the result of government intervention. At one time it was a good thing, today it is meaningless
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