Read a fucking book. Exploitation will occur if you allow the free market to fully set the price of labor.
“In the making of the wages contract the individual laborer is always at a disadvantage. He has something which he is obliged to sell and which his employer is not obliged to take, since he [that is, the employer] can reject single men with impunity“
Read a fucking book. Exploitation will occur if you allow the free market to fully set the price of labor.
John Clark
Wages are already massively above minimum wage for the overwhelming majority of workers, so the market is currently setting the price for labor.