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wasoxygen  ·  3891 days ago  ·  link  ·    ·  parent  ·  post: An interesting question

    This is a dishonest re-definition.
You are right; thanks for the catch. Perhaps I should use the term "income," but it is still missing the point. The idea I want to hint at is that increasing minimum wage does not automatically mean workers earn more. The standard economic objection is that minimum wage reduces employment opportunity and increases unemployment.

    the type of abuse that is possible by employers when/if people are very desperate for work
Would you support minimum prices on goods for sale when a business is very desperate for revenue? Do you use the term "abuse" when businesses offer very low prices? Consider that the "business" could be a single person and the "product" could be math lessons.

    [Minimum wage] is a restriction on employers.
It is enforced that way, but it seems clear to me that it effectively restricts both sides. It makes it illegal for workers to take jobs that pay below a certain level — in other words, from selling their assets (time, energy, talent) at certain prices.