nor am I opposed to a lower one

but opposed to a higher one

Because a completely free market capitalist country is hard to do at this moment

Would be hard

ye

I'm not even advocating for it

I don’t know how you could be pro higher minimum wage

neither

Even my economically retarded ass understands that it makes no sense

lmao

I like this server I get to actually learn about shit

I would also like to abolish min wage, but I know that can't happen

if it were abolished, then yes the free market would determine the wage, but for low skill labor such as being a stocker at a grocery store, you wouldn't be paid well at all

most people don't have the skills to find well paying jobs, and if they did, there would be mass shortages

You would be paid well

the market level would be a well paid job for that skill, and the market would just reallocate jobs

paid well for stocking shelves?

how much would you pay someone to do that

To keep employees yes, as firms compete for labour

but for a low skill job, you don't need to pay competitive wages

a lot of people can replace the guy going out because you don't need a skill

Easier than it sounds

You do or you won't get employees

well those people who reject the opportunity to work, what happens to them? they can't live off 0 income

Why would you reject the opportunity to work

that isn't an excuse to use other peoples money

But there are chruches, private charities etc

`You do or you won't get employees`

I mean theres not alot of people doing that job as you may think

Firms would still have to compete

are you saying that if a firm were to pay non competetive wages, that they would not get employees?

Not as many as needed, no

in a free market

well where would those people don't want to work at that firm due its low wages go?

No it shouldn’t lol that would just make more people reliant on gov benefits

in a perfectly competitive market, without government intervention, collusion between firms would prevent that sort of competetion

What do you mean?

Firms would not collude

or the market would simply reallocate the jobs

And they end up in a worse problem

but the firms are the market, if they cut their variable costs by colluding and all setting a similar low wage, why wouldnt they?