Minimum wage proponents will never explain why such laws ban both the employer and the employee from setting wage rates. They CAN explain it. But they will not.
If you want to ban an employer from exploiting workers, fine.
But if you ban workers from offering their services for a lower rate, then sinister ulterior motives must be assumed.
Offering one’s services on the cheap is not the same as signing up for slavery, especially if there is no contract involved. Min Wage laws are saying to a low skilled worker “you are not allowed to sell your labour, which is all that you have to sell, for a price below that prescribed by the government”.
Hmm.. I want to help poor people. Poor people sometimes want to set up mom and pop stores. These people deserve a living income! I will propose a law which prohibits all mom and pop stores (see page 245 for definition of mom and pop) from selling their wares at below 15 bucks a piece.
Who would propose such a law? Well intentioned but foolish politicians? Or established businesses intent on crushing mom and pop?