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Minimum Wage Law

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  Tags: politics   law   finance

Should the minimum wage law exist in a free market society? Is it beneficial?
 

Arguments For


Prevents poverty.

Arguments Against


A higher minimum wage simply means businesses won't hire as many people, or possibly not operate at all. Instead of earning measly income, people will earn no income - which is even worse.

Freedom to work where you want to work and regulation in business should give sufficient protection against unfair wages and exploitation.

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Recent Changes   dot   Latest Comments   dot   63 Total Users   dot   260 Total Debates since Aug '09