Originally Posted by
Huehuecoyotl
If you don't have a minimum wage, then the government still needs to "babysit" the market. Because it needs to provide benefits for people that are actually working, because without that they wouldn't have enough to live on. Introducing the minimum wage is saying to the free market that they can't get away with paying people so little that they can't even exist on it and expecting society to bridge the gap. If your business is viable, it should be able to pay enough for people to live on. If it can't, it isn't viable. And in a true free market, that should mean that it doesn't exist.