The Instigator
bfkennedy
Pro (for)
The Contender
NPhyzics
Con (against)

$0.00: A Better Minimum Wage

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Voting Style: Open Point System: 7 Point
Started: 4/26/2017 Category: Economics
Updated: 7 months ago Status: Debating Period
Viewed: 794 times Debate No: 102227
Debate Rounds (4)
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bfkennedy

Pro

As crazy as it may sound, it may just be the best option yet. This idea of a zero dollar minimum wage would be the best option for improving business quality while at the same time giving people what they deserve to be payed.

The argument for the $15 minimum wage has been going on for a while now, but what people don't seem to understand is that under regulations and taxes that are already placed on businesses, and how much they affect the hiring process along with how much companies can actually pay workers. So I when I say a zero dollar minimum wage is better, I don't mean that people shouldn't get paid anything for their labor, but yet that the companies should have the freedom to pay their employees based upon how they do. Think of it in the same sense we tip at restaurants. If an employee(s) does well and the business thrives, the company can choose to pay their employees higher wages. It also means that employees who don't work as hard as other employees will not be payed as much. An example of this I saw was during a speech a man was giving about raising the minimum wage to $15. He talked about how he passionately loved cooking fried chicken at his local KFC. But at the wage he was earning, he couldn't make much money.
My solution would fix all issues such as this and give the employees the wages they deserve. Also, it allows for companies to regulate their budgets much more efficiently considering they will have the freedom to decide what they pay their workers.

Now that last sentence may actually be the biggest problem that my opponent will point out. The worry that companies would abuse their power and discriminate while choosing what they want to pay their workers. I would agree this issue would be present, but I would also argue that it would be very uncommon. The idea of discrimination in the workplace is heavily regulated and should remain so. While at the same time, business that tend to have bad managers and CEOs tend to do worse overall when considering hiring, performance, and overall profit. In a capitalist society, those businesses would be sure to fail, and the businesses that treat their employees well would succeed.
NPhyzics

Con

The Answer is Obvious. People cannot trust companies to do this. If there was no minimum wage, why would a company want to pay you more if you do better. After all, they are not required to and you would most likely still be doing the same quality of job whether you are paid more or not. You could be working harder and harder everyday in hopes of getting a raise, while the company laughs and smiles because they do not have to . This goes for people who have no other options to do anything else financially as well. For example a person in poverty or with a disability may not be doing as good as others and being paid less, but this is the only job that person can do and they have no other work options. The idea of not having a minimum wage means companies can more easily take advantage of people who are working in order to make the company more money. We need a minimum wage law to make companies pay at least enough for a working person to make at least a decent living.
Debate Round No. 1
bfkennedy

Pro

On the contrary, I believe people could trust companies to do this. Why would a company pay you more? Because the basis of survival is the idea that one company out performs another in generating consumer's transactions. Every company has to live up to many standards including a moral standard and a economic standard. If a company's survival is dependent on those standards, doesn't that mean the people have control? There wouldn't be too many evil laughing big companies left if people felt like the companies were discriminating. Notice recently that in certain areas where they reduce the minimum wage other companies advertise that they will keep paying their employees a better wage rather than the new, way too low, minimum wage. Doesn't seem like too much of a worrisome problem if the people have the control.

As for people with disabilities, how about we keep the Americans with Disabilities Act (ADA)? The act doesn't necessarily require a minimum wage but it does say that companies cannot discriminate against those with disabilities. Now, this is just one example of many where there are laws against discrimination. We can keep them.

About poverty, I would argue that a minimum wage creates more poverty. So if you are worried about poverty as in people lack a set of skills so they won't be payed as much, I would be more worried about them not having jobs at all and truly earning zero dollars. It has already been proven in the Journal of Human Resources that a minimum wage affects the amount of people that can be hired and how often current employees can get a raise or whether or not they can get benefits. Thus, creating more poverty. Notice, as each city raises the minimum wage, the unemployment rate increases. (1)

(1): https://mises.org...
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Debate Round No. 2
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Debate Round No. 3
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Debate Round No. 4
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