The minimum wage is an example of "consideration for the value of a citizen". If you remove the minimum wage, what do you expect will happen? Nothing? Wages will go up? Then why do we have it?
Pure unchecked free market capitalism is nothing if not efficient. Where a company can't win by innovation (most companies), they'll gladly win by extracting and selling the wellbeing of their workers. Eventually the worker dies, and they get another. And the whole time they say "don't tell these people what's dehumanizing, let them make that decision for themselves!"
> If you remove the minimum wage, what do you expect will happen?
Some people who were previously unemployed will make $7 instead of $0. Some people who were previously making $7.25 may make $7 too. But then everyone will pay lower prices for things. On net that turns into an overall gain.
I don't see anything in that link that actually says that. And if all you're saying is that some people who used to make $0 start making $7 which then brings down the average, how is that actually bad? $7 is more than $0, it's just an artifact of not including in the unemployed/underemployed in the average.
Meanwhile eliminating price controls can increase wages by increasing competition for labor. Right now Alice makes $8/hour but loses the equivalent of $2/hour to commuting expenses. You let an employer across the street from Alice pay her $6/hour and she takes that job instead, ends up with the same amount of spending money because she doesn't have to pay to commute anymore, doesn't have to waste an hour a day sitting in traffic, and her former employer has to pay $8.50/hour to get someone to replace her (or to convince Alice to stay given that she now has another alternative).
No, wages go down: https://usafacts.org/articles/minimum-wage-america-how-many-...
Pure unchecked free market capitalism is nothing if not efficient. Where a company can't win by innovation (most companies), they'll gladly win by extracting and selling the wellbeing of their workers. Eventually the worker dies, and they get another. And the whole time they say "don't tell these people what's dehumanizing, let them make that decision for themselves!"