Comments on: Clear Thinking About the Minimum Wage http://libertariananarchy.com/2010/05/clear-thinking-about-the-minimum-wage/ Government is immoral, unnecessary, and doesn't work! Tue, 15 May 2012 21:00:45 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Analysing the Anonymous ‘Open Letter to the Citizens of the United States of America’ | Centurean2′s Weblog http://libertariananarchy.com/2010/05/clear-thinking-about-the-minimum-wage/comment-page-1/#comment-4762 Analysing the Anonymous ‘Open Letter to the Citizens of the United States of America’ | Centurean2′s Weblog Wed, 30 Mar 2011 19:48:59 +0000 http://libertariananarchy.com/?p=393#comment-4762 [...] is violent theft by the State. Wages are a private contract between two people or a person and a company. You cannot on the one hand, call for Natural Rights, and then in the same breath, call for the [...] [...] is violent theft by the State. Wages are a private contract between two people or a person and a company. You cannot on the one hand, call for Natural Rights, and then in the same breath, call for the [...]

]]> By: BLOGDIAL » Blog Archive » Analysing the Anonymous ‘Open Letter to the Citizens of the United States of America’ http://libertariananarchy.com/2010/05/clear-thinking-about-the-minimum-wage/comment-page-1/#comment-4743 BLOGDIAL » Blog Archive » Analysing the Anonymous ‘Open Letter to the Citizens of the United States of America’ Thu, 24 Mar 2011 17:36:04 +0000 http://libertariananarchy.com/?p=393#comment-4743 [...] is violent theft by the State. Wages are a private contract between two people or a person and a company. You cannot on the one hand, call for Natural Rights, and then in the same breath, call for the [...] [...] is violent theft by the State. Wages are a private contract between two people or a person and a company. You cannot on the one hand, call for Natural Rights, and then in the same breath, call for the [...]

]]> By: Toban Wiebe http://libertariananarchy.com/2010/05/clear-thinking-about-the-minimum-wage/comment-page-1/#comment-4334 Toban Wiebe Thu, 27 May 2010 16:14:56 +0000 http://libertariananarchy.com/?p=393#comment-4334 You're still making the errors I pointed out in the article. You have to first prove that the minimum wage works. I argued that it unemploys people rather than increasing their wages. If you want to learn about economics, I highly recommend the book 'Economics for Real People'. You're still making the errors I pointed out in the article. You have to first prove that the minimum wage works. I argued that it unemploys people rather than increasing their wages.

If you want to learn about economics, I highly recommend the book 'Economics for Real People'.

]]> By: ThePatriotMuckraker http://libertariananarchy.com/2010/05/clear-thinking-about-the-minimum-wage/comment-page-1/#comment-4332 ThePatriotMuckraker Wed, 26 May 2010 18:47:37 +0000 http://libertariananarchy.com/?p=393#comment-4332 The skilled labor you mentioned is no longer a large sector of the "potential" work force today. I would take away CEOs as they produce nothing. Furthermore, In the period of time you are discussing, highly skilled labors were a product of privilege. They had the means to afford the education needed and the social connections to grow in those fields. The rest of the population remained, in one flavor or another, manual laborers with low level skills. America will probably return to that system in a more, and perhaps, egalitarian manner for the "laborers." What is conveniently ignored with the minimum wage is that it assumes that there will not be a race to the bottom. Modern history has show, through globalization, the opposite. The minimum wage also established the minimum a person is worth to an industrialized society. Given civilization's track record, the brightest, most hard working do not necessarily "make it to the top" or earn their freedom. This is true for the most part now. The skilled labor you mentioned is no longer a large sector of the "potential" work force today. I would take away CEOs as they produce nothing. Furthermore, In the period of time you are discussing, highly skilled labors were a product of privilege. They had the means to afford the education needed and the social connections to grow in those fields. The rest of the population remained, in one flavor or another, manual laborers with low level skills. America will probably return to that system in a more, and perhaps, egalitarian manner for the "laborers."

What is conveniently ignored with the minimum wage is that it assumes that there will not be a race to the bottom. Modern history has show, through globalization, the opposite. The minimum wage also established the minimum a person is worth to an industrialized society. Given civilization's track record, the brightest, most hard working do not necessarily "make it to the top" or earn their freedom. This is true for the most part now.

]]> By: ThePatriotMuckraker http://libertariananarchy.com/2010/05/clear-thinking-about-the-minimum-wage/comment-page-1/#comment-4331 ThePatriotMuckraker Wed, 26 May 2010 18:01:37 +0000 http://libertariananarchy.com/?p=393#comment-4331 Understood. But what you have stated is still in the paradigm of the libertarian utopia. You are assuming that there is a difference between government and business today. They have been merged into the fascist state. The mythical markets "have worked themselves out" to the end result of monopolistic policies & actions. Understood. But what you have stated is still in the paradigm of the libertarian utopia. You are assuming that there is a difference between government and business today. They have been merged into the fascist state. The mythical markets "have worked themselves out" to the end result of monopolistic policies & actions.

]]> By: Toban Wiebe http://libertariananarchy.com/2010/05/clear-thinking-about-the-minimum-wage/comment-page-1/#comment-4330 Toban Wiebe Wed, 26 May 2010 16:18:00 +0000 http://libertariananarchy.com/?p=393#comment-4330 I addressed this with the hypothetical 1 cent minimum wage. Your argument, taken to its logical conclusion would mean that without a price floor, all wages would fall to near zero, including doctors, engineers, CEOs, etc. But this is non-sense. Before the minimum wage was instituted, competing businesses bid up wages because labor is scarce and profitable to employ. You could have at least tried to criticize the logic of my argument. I addressed this with the hypothetical 1 cent minimum wage. Your argument, taken to its logical conclusion would mean that without a price floor, all wages would fall to near zero, including doctors, engineers, CEOs, etc. But this is non-sense. Before the minimum wage was instituted, competing businesses bid up wages because labor is scarce and profitable to employ. You could have at least tried to criticize the logic of my argument.

]]> By: Toban Wiebe http://libertariananarchy.com/2010/05/clear-thinking-about-the-minimum-wage/comment-page-1/#comment-4329 Toban Wiebe Wed, 26 May 2010 16:12:55 +0000 http://libertariananarchy.com/?p=393#comment-4329 If you're not a socialist, then you're strongly anti-market. I think you're misunderstanding what 'free market' actually means. It's a common mistake to conflate actually existing capitalism with free markets. Libertarians definitely do not want actually existing capitalism, which is a mess of privilege and exploitation. If you're not a socialist, then you're strongly anti-market. I think you're misunderstanding what 'free market' actually means. It's a common mistake to conflate actually existing capitalism with free markets. Libertarians definitely do not want actually existing capitalism, which is a mess of privilege and exploitation.

]]> By: tangel476 http://libertariananarchy.com/2010/05/clear-thinking-about-the-minimum-wage/comment-page-1/#comment-4328 tangel476 Wed, 26 May 2010 14:56:06 +0000 http://libertariananarchy.com/?p=393#comment-4328 which eventually leads to corruption which eventually leads to corruption

]]> By: ubik380 http://libertariananarchy.com/2010/05/clear-thinking-about-the-minimum-wage/comment-page-1/#comment-4327 ubik380 Wed, 26 May 2010 12:47:51 +0000 http://libertariananarchy.com/?p=393#comment-4327 "See thats the trouble with Libertarianism, it takes no account of the depths to which Man is willing to exploit his fellows." Yeah, that's why it makes so much sense to give a bunch of Men the power of life and death over the community and call it Government. Because all THOSE guys are angels in human form! Not. "See thats the trouble with Libertarianism, it takes no account of the depths to which Man is willing to exploit his fellows."

Yeah, that's why it makes so much sense to give a bunch of Men the power of life and death over the community and call it Government. Because all THOSE guys are angels in human form!

Not.

]]> By: ubik380 http://libertariananarchy.com/2010/05/clear-thinking-about-the-minimum-wage/comment-page-1/#comment-4326 ubik380 Wed, 26 May 2010 12:05:06 +0000 http://libertariananarchy.com/?p=393#comment-4326 The writer didn't say anything about Utopia. Just what do you mean by "they have worked themselves out, and is precisely what you have today..."? The free market and the government are different in a very important way: If a businessman offers you something, you can accept his price, bargain for it or refuse it. If the government "offers" you something, you take it whether you like it or not and if you refuse "the man come and take you away" (or worse). Co-operation works to improve our lives. Notice I didn't say it would create a Utopia. Coercion tends to make our lives worse. The writer didn't say anything about Utopia. Just what do you mean by "they have worked themselves out, and is precisely what you have today…"? The free market and the government are different in a very important way: If a businessman offers you something, you can accept his price, bargain for it or refuse it. If the government "offers" you something, you take it whether you like it or not and if you refuse "the man come and take you away" (or worse). Co-operation works to improve our lives. Notice I didn't say it would create a Utopia. Coercion tends to make our lives worse.

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