The Instigator
NJW0123
Pro (for)
The Contender
TheIntellectual369
Con (against)

Maximum Wage

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Voting Style: Open Point System: 7 Point
Started: 2/27/2018 Category: Politics
Updated: 3 years ago Status: Debating Period
Viewed: 774 times Debate No: 109772
Debate Rounds (3)
Comments (37)
Votes (0)

 

NJW0123

Pro

Maximum wage prevents runaway capitalism while still maintaining the capitalist drive that success is measured by performance. Maximum tax bracket of about $500,000/annually would become the maximum wage. Contrary, minimum wage seems to only increase cost of living which causes more minimum wage and inflation.
[PRO]
*Prevents runaway capitalism and collusions
*Maximum success is more obtainable
*Promotes social adherence through equality
[CON]
*The current wealthy can't be stripped of their wealth including owned developments but they can be grandfathered out
*Deflation can increase the wealth gap
*No more billionaires
TheIntellectual369

Con

I would first like to present my argument in order for us both to have our arguments posted, and afterward enter a rebuttal scenario in which we both attack each other's cases. With that being said, I now begin:

The question we are faced with today is whether or not we should have a maximum wage or wage cap. I firmly negate that such a proposal should ever be implemented. Before I list my reasoning, I would like to address that my opponent brings up a figure of $500,000 USD. However, a such a proposal was already brought up in the U.S., I believe it only logical to point out that Franklin Delano Roosevelt once proposed such a cap, but it equated to a cap of $365,000. Since such a proposal had already been created, I believe that we should rely more on this figure since it was part of the original wage cap proposal. I now present my reasons for negating the proposal:

1. Increasing income tax and adjusting brackets is a more effective wealth management strategy
2. Such a proposal would drive away potential workers to other areas
3. Implementing such a proposal would serve not as an actual equalizer so much as it would a placebo

Firstly, we see that increasing income tax and adjusting tax brackets would be a more effective manner of closing wage gaps. In addition, according to the NELP, "The over-representation of people of color at the lowest wage levels has contributed to the persistence of a large racial pay gap in the U.S. In 2015, the median hourly wage was $15 for African American men and $14 for Latino men. In contrast, white men earned a median hourly wage of $21 per hour." What we can learn from this data is that increasing the minimum wage would decrease racial inequality in the workplace. This proposal is far more effective than creating a maximum wage. Secondly, as evidenced by, economicshelp.org, "A maximum wage may encourage workers to leave and work in another country. Firms may find a shortage of skilled workers or top executives, this could harm economic prospects." This proposal would actually harm the American people and disincentivizes athletics and positions which pay large sums of money. Finally, according to The Guardian in 2017, "...a crude pay cap " no matter what level it"s set at " would be almost unworkable and would cause a huge amount of turmoil within the business world, which would strongly resist it. Ideas have been touted for workers on boards, public shaming, or increased shareholder rights, but they merely tinker around the edges." This sums up the entirety of the negative's third point; a pay gap would cause turmoil and not real reform. We may believe that this is a step towards progress, but in reality, it is just a placebo that restricts the real reform that is needed. For these reasons, I must stand in firm negation of the proposal.
Debate Round No. 1
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Debate Round No. 2
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Debate Round No. 3
37 comments have been posted on this debate. Showing 1 through 10 records.
Posted by InSparksweTrust 3 years ago
InSparksweTrust
I'm sorry I'm not sure why it posted that soo many times lol it glitched on my end
Posted by InSparksweTrust 3 years ago
InSparksweTrust
We should in truth do away with minimum wage, after all more wages does not equal more money for people, if anything it means less money for them, and we force businessowners to go heavily towards automation and to get rid of as many employees as possible. The sad truth is if we raise the price of wages then we will cause more unemployment because we know that if suddenly the cost of food, water, etc., all rises at the same rate wages do then we'll buy less or very little will change, making the result of increase voided. If you allow for no set wages you allow for free market for the business owner and employees to come to agreeable terms that can be far more flexible for everyone involved and will allow for them to prosper as people and business owners, and we could see the cost of goods go down. The thing we must keep in mind is the common argument is always that if we got rid of minimum wage then we, the public would get taken advantage of as we get paid very little but that's very naive actually, as it would never happen, after all if it did then there would be unions rising against them, that bad publicity would force change, on top of that if the public can't afford to purchase goods companies can't profit so the cost of goods would change with what the average person can afford for such an item, and if companies can't sell goods they bankrupt, so this naive fear of businesses taking full advantage of us and paying say only $1.00 an hour is silly.
Posted by InSparksweTrust 3 years ago
InSparksweTrust
We should in truth do away with minimum wage, after all more wages does not equal more money for people, if anything it means less money for them, and we force businessowners to go heavily towards automation and to get rid of as many employees as possible. The sad truth is if we raise the price of wages then we will cause more unemployment because we know that if suddenly the cost of food, water, etc., all rises at the same rate wages do then we'll buy less or very little will change, making the result of increase voided. If you allow for no set wages you allow for free market for the business owner and employees to come to agreeable terms that can be far more flexible for everyone involved and will allow for them to prosper as people and business owners, and we could see the cost of goods go down. The thing we must keep in mind is the common argument is always that if we got rid of minimum wage then we, the public would get taken advantage of as we get paid very little but that's very naive actually, as it would never happen, after all if it did then there would be unions rising against them, that bad publicity would force change, on top of that if the public can't afford to purchase goods companies can't profit so the cost of goods would change with what the average person can afford for such an item, and if companies can't sell goods they bankrupt, so this naive fear of businesses taking full advantage of us and paying say only $1.00 an hour is silly.
Posted by InSparksweTrust 3 years ago
InSparksweTrust
We should in truth do away with minimum wage, after all more wages does not equal more money for people, if anything it means less money for them, and we force businessowners to go heavily towards automation and to get rid of as many employees as possible. The sad truth is if we raise the price of wages then we will cause more unemployment because we know that if suddenly the cost of food, water, etc., all rises at the same rate wages do then we'll buy less or very little will change, making the result of increase voided. If you allow for no set wages you allow for free market for the business owner and employees to come to agreeable terms that can be far more flexible for everyone involved and will allow for them to prosper as people and business owners, and we could see the cost of goods go down. The thing we must keep in mind is the common argument is always that if we got rid of minimum wage then we, the public would get taken advantage of as we get paid very little but that's very naive actually, as it would never happen, after all if it did then there would be unions rising against them, that bad publicity would force change, on top of that if the public can't afford to purchase goods companies can't profit so the cost of goods would change with what the average person can afford for such an item, and if companies can't sell goods they bankrupt, so this naive fear of businesses taking full advantage of us and paying say only $1.00 an hour is silly.
Posted by InSparksweTrust 3 years ago
InSparksweTrust
We should in truth do away with minimum wage, after all more wages does not equal more money for people, if anything it means less money for them, and we force businessowners to go heavily towards automation and to get rid of as many employees as possible. The sad truth is if we raise the price of wages then we will cause more unemployment because we know that if suddenly the cost of food, water, etc., all rises at the same rate wages do then we'll buy less or very little will change, making the result of increase voided. If you allow for no set wages you allow for free market for the business owner and employees to come to agreeable terms that can be far more flexible for everyone involved and will allow for them to prosper as people and business owners, and we could see the cost of goods go down. The thing we must keep in mind is the common argument is always that if we got rid of minimum wage then we, the public would get taken advantage of as we get paid very little but that's very naive actually, as it would never happen, after all if it did then there would be unions rising against them, that bad publicity would force change, on top of that if the public can't afford to purchase goods companies can't profit so the cost of goods would change with what the average person can afford for such an item, and if companies can't sell goods they bankrupt, so this naive fear of businesses taking full advantage of us and paying say only $1.00 an hour is silly.
Posted by InSparksweTrust 3 years ago
InSparksweTrust
We should in truth do away with minimum wage, after all more wages does not equal more money for people, if anything it means less money for them, and we force businessowners to go heavily towards automation and to get rid of as many employees as possible. The sad truth is if we raise the price of wages then we will cause more unemployment because we know that if suddenly the cost of food, water, etc., all rises at the same rate wages do then we'll buy less or very little will change, making the result of increase voided. If you allow for no set wages you allow for free market for the business owner and employees to come to agreeable terms that can be far more flexible for everyone involved and will allow for them to prosper as people and business owners, and we could see the cost of goods go down. The thing we must keep in mind is the common argument is always that if we got rid of minimum wage then we, the public would get taken advantage of as we get paid very little but that's very naive actually, as it would never happen, after all if it did then there would be unions rising against them, that bad publicity would force change, on top of that if the public can't afford to purchase goods companies can't profit so the cost of goods would change with what the average person can afford for such an item, and if companies can't sell goods they bankrupt, so this naive fear of businesses taking full advantage of us and paying say only $1.00 an hour is silly.
Posted by InSparksweTrust 3 years ago
InSparksweTrust
We should in truth do away with minimum wage, after all more wages does not equal more money for people, if anything it means less money for them, and we force businessowners to go heavily towards automation and to get rid of as many employees as possible. The sad truth is if we raise the price of wages then we will cause more unemployment because we know that if suddenly the cost of food, water, etc., all rises at the same rate wages do then we'll buy less or very little will change, making the result of increase voided. If you allow for no set wages you allow for free market for the business owner and employees to come to agreeable terms that can be far more flexible for everyone involved and will allow for them to prosper as people and business owners, and we could see the cost of goods go down. The thing we must keep in mind is the common argument is always that if we got rid of minimum wage then we, the public would get taken advantage of as we get paid very little but that's very naive actually, as it would never happen, after all if it did then there would be unions rising against them, that bad publicity would force change, on top of that if the public can't afford to purchase goods companies can't profit so the cost of goods would change with what the average person can afford for such an item, and if companies can't sell goods they bankrupt, so this naive fear of businesses taking full advantage of us and paying say only $1.00 an hour is silly.
Posted by InSparksweTrust 3 years ago
InSparksweTrust
We should in truth do away with minimum wage, after all more wages does not equal more money for people, if anything it means less money for them, and we force businessowners to go heavily towards automation and to get rid of as many employees as possible. The sad truth is if we raise the price of wages then we will cause more unemployment because we know that if suddenly the cost of food, water, etc., all rises at the same rate wages do then we'll buy less or very little will change, making the result of increase voided. If you allow for no set wages you allow for free market for the business owner and employees to come to agreeable terms that can be far more flexible for everyone involved and will allow for them to prosper as people and business owners, and we could see the cost of goods go down. The thing we must keep in mind is the common argument is always that if we got rid of minimum wage then we, the public would get taken advantage of as we get paid very little but that's very naive actually, as it would never happen, after all if it did then there would be unions rising against them, that bad publicity would force change, on top of that if the public can't afford to purchase goods companies can't profit so the cost of goods would change with what the average person can afford for such an item, and if companies can't sell goods they bankrupt, so this naive fear of businesses taking full advantage of us and paying say only $1.00 an hour is silly.
Posted by InSparksweTrust 3 years ago
InSparksweTrust
We should in truth do away with minimum wage, after all more wages does not equal more money for people, if anything it means less money for them, and we force businessowners to go heavily towards automation and to get rid of as many employees as possible. The sad truth is if we raise the price of wages then we will cause more unemployment because we know that if suddenly the cost of food, water, etc., all rises at the same rate wages do then we'll buy less or very little will change, making the result of increase voided. If you allow for no set wages you allow for free market for the business owner and employees to come to agreeable terms that can be far more flexible for everyone involved and will allow for them to prosper as people and business owners, and we could see the cost of goods go down. The thing we must keep in mind is the common argument is always that if we got rid of minimum wage then we, the public would get taken advantage of as we get paid very little but that's very naive actually, as it would never happen, after all if it did then there would be unions rising against them, that bad publicity would force change, on top of that if the public can't afford to purchase goods companies can't profit so the cost of goods would change with what the average person can afford for such an item, and if companies can't sell goods they bankrupt, so this naive fear of businesses taking full advantage of us and paying say only $1.00 an hour is silly.
Posted by InSparksweTrust 3 years ago
InSparksweTrust
We should in truth do away with minimum wage, after all more wages does not equal more money for people, if anything it means less money for them, and we force businessowners to go heavily towards automation and to get rid of as many employees as possible. The sad truth is if we raise the price of wages then we will cause more unemployment because we know that if suddenly the cost of food, water, etc., all rises at the same rate wages do then we'll buy less or very little will change, making the result of increase voided. If you allow for no set wages you allow for free market for the business owner and employees to come to agreeable terms that can be far more flexible for everyone involved and will allow for them to prosper as people and business owners, and we could see the cost of goods go down. The thing we must keep in mind is the common argument is always that if we got rid of minimum wage then we, the public would get taken advantage of as we get paid very little but that's very naive actually, as it would never happen, after all if it did then there would be unions rising against them, that bad publicity would force change, on top of that if the public can't afford to purchase goods companies can't profit so the cost of goods would change with what the average person can afford for such an item, and if companies can't sell goods they bankrupt, so this naive fear of businesses taking full advantage of us and paying say only $1.00 an hour is silly.
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