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Maximum Wage Law
1 Comment
Friday, February, 06, 2009 8:43 PM
TheAdjuster
writes:
Wage and Labor controls by government
This is the stuff of tyranny. The kings could pass any law they pleased. They were afterall entitled by the will of God. Yes? No.
Removing all incentive from a worker reduces the workers produce to a minimal level beyond which the worker will never rise. It makes no difference if you are talking about the last janitor hired yesterday or the CEO of the company. People work out of a desire to improve their own lot. People are not the property of government. People should be allowed the freedom to direct their own lives in the pursuit of wealth, safety and success.
When you take that away, for whart reason would a worker work? Even the Matthew tells in the Bible about the laborers in the vineyard. Some worked all day, some started late in the day and some began work near the end of the day. The owner made a deal with the first group that they should work for a penny a day.
At the end of the day, beginning with those who started late in the day, the owner paid each a penny. When he paid those that he hired first they complained that they had worked all day in the hot sun but those who worked only a hour or so were paid the same as they who had worked all day. It is patently unfair to pay someone who does little as much as is paid to one who does much.
Such a system results in everyone standing around till the end of the day to work an hour and get a full day's pay. We are not told whether those men returned to work another day or not, but I would bet they looked for work elsewhere and stayed out of sight until near the end of the day.
Government should stay out of business. They don't do it well. Let the market work on its own. Let men earn what ever they can. Pay them based on their produce and you will get better and greater quantities of output from all. We call it capitalism. What you suggest is socialism and fascism where no one has incentive to do better than the next.
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