Minimum wage isn't created as an attempt to cap large companies and corporations profits, it is to try and make sure the people in the lowliest, often manual positions who are also often the least educated and perhaps not as intellectually blessed as your good self and therefore, hardly likely to ever rise up through the ranks to enter your glorious 'middle class'.
Don't forget, anyone who employs anyone has to legally pay minimum wage so it kind of negates the argument you laid out.
Using socialism is also a logical fallacy. Its simple human decency and the sign of community to help people, why is it that whenever social care is mentioned, its a 'leftie' thing.
Obsession with categories and classes is as unhelpful as it is dated, I am not screaming for some ridiculous Marxist distribution of wealth, but I do suggest that every human being at least considers the situation of their fellow humans and shows compassion and empathy and not look down upon people due to their intellectual or socio-economic situation.
Hard work alone does not dig people out of poverty or difficult living standards. If the glorious 'middle class' are so obsessed with hard work, perhaps they should wash their own cars.
But we are not in disagreement Nathen, not at all. Minimum wage is there to give those who have been unlucky in one way or another, (maybe because of socio economical factors that they dont control) a foundation so that they won't be abused.
We agree on this and very much. The point I was making is that the minimum wage is not a fix to make more middle class.
When I use expressions as "left leaning" , I'm not bashing on it. There's a reason why I don't use the word socialism, because It's tainted in the public discourse. To say left leaning means, at least to me, that has a tendency to lean towards policies that help communities and the less fortunate. I do think these notions come from a more left leaning mind, because on the opposite spectrum, it's more of a "if your can't pull yourself by the bootstraps, that's not my problem"
The point I'm trying to make here my friend is that some of these policies that were push forward to help the less fortunate have actually hurt them. Look at the video I shared real quick. I promise you its worth every minute of your time.
My mistake mate. Sorry. As for the video, I think the Union system in the US is different from the way it is in the EU now. Years ago, the unions were militant leftwingers but they got a hiding and lost a lot of power in the 80s when the govt. crushed them. This in many ways became a good thing as it meant the governments, especially the EU as a whole introduced our minimum wage rates and a lot of other labour laws in an attempt to make the unions impotent. Unions cost many jobs in the UK in the 70's and 80's through not accepting modernisation and making unreasonable demands.
Of course, this is a double-edged sword as it was simply a power change from union to government.....out of the frying pan into the fire, but at least these days, unions are still around as buffer zones between employer and employee and offer many great services, without forcing employers into paying huge wage rises, for example, they can't afford.
Problem with big business is that all they care about is share price and keeping investors happy. I think this is sadly becoming a parallel with Steem in some respects.
I hear you on this point!
Life is bloody complicated. Always looking for that balance!!
As a matter of interest, I was reading up on US employer law a few days ago and is it right, there is no statutory maternity or paternity paid leave there? and what's the deal with regular paid holidays please ? I love looking at comparisons between 'systems'!