• Cryophilia@lemmy.world
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    2 months ago

    I can’t imagine the series of incidents in your life that led you to draw such a wrong conclusion and yet call it logic.

    You’ve really never heard the phrase “race to the bottom”?

    • intensely_human@lemm.ee
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      2 months ago

      I’ve heard the phrase, yes. I don’t base my philosophy on whether clever-sounding phrases exist.

      There’s no evidence to suggest that lack of a minimum wage results in everyone earning essentially zero wages, which is all I can imagine that phrase to mean.

      There is, however, evidence that minimum wages lead to unemployment. There’s also evidence to suggest unemployment is a horrible state to exist in.