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	<title>Comments on: Inhumanity of Minimum Wage Law</title>
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		<title>By: Inhumanity of Minimum Wage Law &#124; Reason for Liberty &#171; Blogging</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-3098</link>
		<dc:creator>Inhumanity of Minimum Wage Law &#124; Reason for Liberty &#171; Blogging</dc:creator>
		<pubDate>Sat, 12 Dec 2009 20:34:02 +0000</pubDate>
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		<description>[...] See the original post: Inhumanity of Minimum Wage Law &#124; Reason for Liberty [...]</description>
		<content:encoded><![CDATA[<p>[...] See the original post: Inhumanity of Minimum Wage Law | Reason for Liberty [...]</p>
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		<title>By: Unpretentious Diva</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-3000</link>
		<dc:creator>Unpretentious Diva</dc:creator>
		<pubDate>Tue, 01 Dec 2009 08:30:45 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-3000</guid>
		<description>&lt;blockquote&gt;I&#039;d be interested in knowing your views on child labor and laws related to it.&lt;/blockquote&gt;

I myself was thinking of writing about it sooner or later. So just wait and keep visiting the site.
At present I would like to mention that during the industrial revolution in Europe, when certain discoveries of vaccines made it possible for the children to bear the then prominent diseases while their parents were susceptible to those diseases and consequential deaths, only the opportunity of working and earning made it possible for those poor orphan children who obviously lost their parents to those diseases like malaria, small pox and chicken pox, plagues. In absence of that alternative to work and earn a living, those orphan children were sure to die.

I wrote about children right to work and earn whenever they feel like it some months ago in brief while discussing the issue of Education for all here-- &lt;a href=&quot;http://www.reasonforliberty.com/education/education-for-all.html&quot; rel=&quot;nofollow&quot;&gt;http://www.reasonforliberty.com/education/education-for-all.html&lt;/a&gt;

Please read it, further I wrote about Child molestation too here while discussing Age of Consent-- &lt;a href=&quot;http://www.reasonforliberty.com/ethics/age-of-consent-child-molestation-and-legal-system.html&quot; rel=&quot;nofollow&quot;&gt;http://www.reasonforliberty.com/ethics/age-of-consent-child-molestation-and-legal-system.html&lt;/a&gt;
Please check both of the articles.
By the way, when you talk about Child Labor, do you oppose anyone like Sachin tendulkar to devote him self for any professional line like say &quot;Cricket&quot; at the age of 16? 
Or do you oppose someone like Saroj Khan who gave her first masterpiece at choreography for the bollywood song &quot;Nigahein Milane ko Jee Chahataa hai&quot; at age of 13? Or do you oppose Lata Mangeshkar who started singing professionally at age of 15 when her father died and there was nobody to earn a living for her family but her self, the eldest daughter of Dina Nath Mangeshkar, or Asha Bhonsle who started singing at 17?

May be you oppose Padmini Kolhapuri who starred as child lead in the movie Satyam Shivam Sundaram when she was 8, or Rishi Kapoor when he worked in the legendary movie Mera Naam Joker... Do you really oppose these child workers? Michael Jackson was also a child worker, so was Mozart and beethoven, when they were child.

Anyways, I will write about child labour and related laws in detail in future some day.</description>
		<content:encoded><![CDATA[<blockquote><p>I&#8217;d be interested in knowing your views on child labor and laws related to it.</p></blockquote>
<p>I myself was thinking of writing about it sooner or later. So just wait and keep visiting the site.<br />
At present I would like to mention that during the industrial revolution in Europe, when certain discoveries of vaccines made it possible for the children to bear the then prominent diseases while their parents were susceptible to those diseases and consequential deaths, only the opportunity of working and earning made it possible for those poor orphan children who obviously lost their parents to those diseases like malaria, small pox and chicken pox, plagues. In absence of that alternative to work and earn a living, those orphan children were sure to die.</p>
<p>I wrote about children right to work and earn whenever they feel like it some months ago in brief while discussing the issue of Education for all here&#8211; <a href="http://www.reasonforliberty.com/education/education-for-all.html" rel="nofollow">http://www.reasonforliberty.com/education/education-for-all.html</a></p>
<p>Please read it, further I wrote about Child molestation too here while discussing Age of Consent&#8211; <a href="http://www.reasonforliberty.com/ethics/age-of-consent-child-molestation-and-legal-system.html" rel="nofollow">http://www.reasonforliberty.com/ethics/age-of-consent-child-molestation-and-legal-system.html</a><br />
Please check both of the articles.<br />
By the way, when you talk about Child Labor, do you oppose anyone like Sachin tendulkar to devote him self for any professional line like say &#8220;Cricket&#8221; at the age of 16?<br />
Or do you oppose someone like Saroj Khan who gave her first masterpiece at choreography for the bollywood song &#8220;Nigahein Milane ko Jee Chahataa hai&#8221; at age of 13? Or do you oppose Lata Mangeshkar who started singing professionally at age of 15 when her father died and there was nobody to earn a living for her family but her self, the eldest daughter of Dina Nath Mangeshkar, or Asha Bhonsle who started singing at 17?</p>
<p>May be you oppose Padmini Kolhapuri who starred as child lead in the movie Satyam Shivam Sundaram when she was 8, or Rishi Kapoor when he worked in the legendary movie Mera Naam Joker&#8230; Do you really oppose these child workers? Michael Jackson was also a child worker, so was Mozart and beethoven, when they were child.</p>
<p>Anyways, I will write about child labour and related laws in detail in future some day.</p>
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		<title>By: shyam</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2999</link>
		<dc:creator>shyam</dc:creator>
		<pubDate>Tue, 01 Dec 2009 08:13:03 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2999</guid>
		<description>@diva

I&#039;d be interested in knowing your views on child labor and laws related to it.</description>
		<content:encoded><![CDATA[<p>@diva</p>
<p>I&#8217;d be interested in knowing your views on child labor and laws related to it.</p>
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		<title>By: Unpretentious Diva</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2998</link>
		<dc:creator>Unpretentious Diva</dc:creator>
		<pubDate>Tue, 01 Dec 2009 06:56:22 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2998</guid>
		<description>Well, needs are obviously unlimited, so you may surely need further clarifications/explanations, and if you do so, there won&#039;t be any surprise, neither for me, nor for you. Anyways, it would have been a good gesture from your side if you have suggested some points where i could have improved the post. I guess you failed to mention any such point, or may be you just don&#039;t want to mention them. Its always your choice.</description>
		<content:encoded><![CDATA[<p>Well, needs are obviously unlimited, so you may surely need further clarifications/explanations, and if you do so, there won&#8217;t be any surprise, neither for me, nor for you. Anyways, it would have been a good gesture from your side if you have suggested some points where i could have improved the post. I guess you failed to mention any such point, or may be you just don&#8217;t want to mention them. Its always your choice.</p>
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		<title>By: Thebaboose</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2996</link>
		<dc:creator>Thebaboose</dc:creator>
		<pubDate>Mon, 30 Nov 2009 22:20:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2996</guid>
		<description>How does &quot;For the people who don’t understand Unpretentious Diva’s argument, this site might help clarify it&quot; equal me needing clarifications? I understand the issue clearly, all I did was offer a site that in my opinion explains the issue better. Why? Obviously some of other commenters - NOT ME - don&#039;t understand the logic of your argument.</description>
		<content:encoded><![CDATA[<p>How does &#8220;For the people who don’t understand Unpretentious Diva’s argument, this site might help clarify it&#8221; equal me needing clarifications? I understand the issue clearly, all I did was offer a site that in my opinion explains the issue better. Why? Obviously some of other commenters &#8211; NOT ME &#8211; don&#8217;t understand the logic of your argument.</p>
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		<title>By: Unpretentious Diva</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2994</link>
		<dc:creator>Unpretentious Diva</dc:creator>
		<pubDate>Mon, 30 Nov 2009 14:37:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2994</guid>
		<description>&lt;blockquote&gt;For the people who don’t understand Unpretentious Diva’s argument, this site might help clarify it&lt;/blockquote&gt;

Are you sure you needed further clarifications over the issue discussed in article?  Well, I have to restrain myself with wordlimits, yet if you think I needed to push further any particular issue in the article you may mention it, you may mention where the article is not properly clear and that may improve my further articles in future.</description>
		<content:encoded><![CDATA[<blockquote><p>For the people who don’t understand Unpretentious Diva’s argument, this site might help clarify it</p></blockquote>
<p>Are you sure you needed further clarifications over the issue discussed in article?  Well, I have to restrain myself with wordlimits, yet if you think I needed to push further any particular issue in the article you may mention it, you may mention where the article is not properly clear and that may improve my further articles in future.</p>
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		<title>By: Thebaboose</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2993</link>
		<dc:creator>Thebaboose</dc:creator>
		<pubDate>Mon, 30 Nov 2009 14:21:50 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2993</guid>
		<description>For the people who don&#039;t understand Unpretentious Diva&#039;s argument, this site might help clarify it:

http://www.econlib.org/library/Enc/MinimumWages.html</description>
		<content:encoded><![CDATA[<p>For the people who don&#8217;t understand Unpretentious Diva&#8217;s argument, this site might help clarify it:</p>
<p><a href="http://www.econlib.org/library/Enc/MinimumWages.html" rel="nofollow">http://www.econlib.org/library/Enc/MinimumWages.html</a></p>
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		<title>By: Unpretentious Diva</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2980</link>
		<dc:creator>Unpretentious Diva</dc:creator>
		<pubDate>Sun, 29 Nov 2009 07:51:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2980</guid>
		<description>&lt;blockquote&gt;And now we need an article from you on why price controls are causing sugar shortages in Pakistan.&lt;/blockquote&gt;

Although I have not dealt the issue of Sugar prices separately (that I am supposed to do in near future) yet I have discussed the issue of price control, price rise and shortage earlier.

You may check it out here--
&lt;a href=&quot;http://www.reasonforliberty.com/anarcho-capitalism/reason-of-price-rise-and-consequences-of-price-control.html&quot; rel=&quot;nofollow&quot;&gt;http://www.reasonforliberty.com/anarcho-capitalism/reason-of-price-rise-and-consequences-of-price-control.html&lt;/a&gt;

Also, I discussed about the solution of Shortage too here--
&lt;a href=&quot;http://www.reasonforliberty.com/anarcho-capitalism/cure-of-shortage-and-famine.html&quot; rel=&quot;nofollow&quot;&gt;http://www.reasonforliberty.com/anarcho-capitalism/cure-of-shortage-and-famine.html&lt;/a&gt;

Although the Issue of Sugar is enough important to discuss separately, but right now in India, farmers are already agitating against the government price scale for sugarcane. So I am waiting for that agitation of Farmers to get a little more grip, than I will write about it.</description>
		<content:encoded><![CDATA[<blockquote><p>And now we need an article from you on why price controls are causing sugar shortages in Pakistan.</p></blockquote>
<p>Although I have not dealt the issue of Sugar prices separately (that I am supposed to do in near future) yet I have discussed the issue of price control, price rise and shortage earlier.</p>
<p>You may check it out here&#8211;<br />
<a href="http://www.reasonforliberty.com/anarcho-capitalism/reason-of-price-rise-and-consequences-of-price-control.html" rel="nofollow">http://www.reasonforliberty.com/anarcho-capitalism/reason-of-price-rise-and-consequences-of-price-control.html</a></p>
<p>Also, I discussed about the solution of Shortage too here&#8211;<br />
<a href="http://www.reasonforliberty.com/anarcho-capitalism/cure-of-shortage-and-famine.html" rel="nofollow">http://www.reasonforliberty.com/anarcho-capitalism/cure-of-shortage-and-famine.html</a></p>
<p>Although the Issue of Sugar is enough important to discuss separately, but right now in India, farmers are already agitating against the government price scale for sugarcane. So I am waiting for that agitation of Farmers to get a little more grip, than I will write about it.</p>
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		<title>By: shyam</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2979</link>
		<dc:creator>shyam</dc:creator>
		<pubDate>Sun, 29 Nov 2009 07:25:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2979</guid>
		<description>Good article on wage controls. And now we need an article from you on why price controls are causing sugar shortages in Pakistan. The price controls were ordered by an activist supreme court judge and the results were predictable - shortages and black markets. And the government which caused the inflation and shortages is blaming the hoarders and speculators! Should the Indian government attempt it, the results would be the same.
.-= shyam&#180;s last blog ..&lt;a href=&quot;http://inflationresistant.blogspot.com/2009/10/peter-bernholz-has-us-reached.html&quot; rel=&quot;nofollow&quot;&gt;Peter Bernholz: Has the US Reached The Hyperinflation Tipping Point?&lt;/a&gt; =-.</description>
		<content:encoded><![CDATA[<p>Good article on wage controls. And now we need an article from you on why price controls are causing sugar shortages in Pakistan. The price controls were ordered by an activist supreme court judge and the results were predictable &#8211; shortages and black markets. And the government which caused the inflation and shortages is blaming the hoarders and speculators! Should the Indian government attempt it, the results would be the same.<br />
.-= shyam&#180;s last blog ..<a href="http://inflationresistant.blogspot.com/2009/10/peter-bernholz-has-us-reached.html" rel="nofollow">Peter Bernholz: Has the US Reached The Hyperinflation Tipping Point?</a> =-.</p>
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		<title>By: Gaurav</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2975</link>
		<dc:creator>Gaurav</dc:creator>
		<pubDate>Sat, 28 Nov 2009 10:08:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2975</guid>
		<description>I was readin the article hearing fear of the dark by Iron maiden and it&#039;s one of your fav song for different resaons , yet i felt like every coincidence is not that serendipitous as it seems. Popular Democracy spreads itself on the premises of instilling an unknown fear across the masses of unknown , fear of money, fear of power, fear of strength . In the garb of protecting the masses from this unknown , it vindicates establishing an official Monarchial head ( yeah and i mean monarchial head only) at the top , so no two ways about it. Our Government is also an effect of our society , both complimeting each other always. So ,our society is one of the champions of promoting averages. It&#039;s so addicted with this phenomenon that it never tries to look beyond it, and all these paradoxical terms like minimum wages, education for all , equal economic status , egalitarianism throught socialist ideals etc. The presence of any diversion from these ideals is taken as rebelious efforts. So , we will continue to get insipired by such paradoxical ideals in future also.</description>
		<content:encoded><![CDATA[<p>I was readin the article hearing fear of the dark by Iron maiden and it&#8217;s one of your fav song for different resaons , yet i felt like every coincidence is not that serendipitous as it seems. Popular Democracy spreads itself on the premises of instilling an unknown fear across the masses of unknown , fear of money, fear of power, fear of strength . In the garb of protecting the masses from this unknown , it vindicates establishing an official Monarchial head ( yeah and i mean monarchial head only) at the top , so no two ways about it. Our Government is also an effect of our society , both complimeting each other always. So ,our society is one of the champions of promoting averages. It&#8217;s so addicted with this phenomenon that it never tries to look beyond it, and all these paradoxical terms like minimum wages, education for all , equal economic status , egalitarianism throught socialist ideals etc. The presence of any diversion from these ideals is taken as rebelious efforts. So , we will continue to get insipired by such paradoxical ideals in future also.</p>
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		<title>By: Unpretentious Diva</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2970</link>
		<dc:creator>Unpretentious Diva</dc:creator>
		<pubDate>Fri, 27 Nov 2009 15:09:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2970</guid>
		<description>&lt;blockquote&gt;unskilled and part time workers who could not sell their labour in market due to incompetence or lack of skills and its quite understandable that they cry foul&lt;/blockquote&gt;

rather it is foul against the skilled better workers, who certainly can (and do get) much higher wages in absence of any such ridiculous law.

Consider the case of labors in railways, it is controlled by government. No matter how good and strong labour you are, you will get Rs80/- per day.

&lt;strong&gt;What a robbery.&lt;/strong&gt;

Even an unskilled meagre worker earns atleast Rs130/- in the labour market of any Indian city which is obviously not controlled by Indian government. And if the labour is skilled, with efficiency and specifi9c skills, he can simply demand as much as Rs250 per day/.

If Labour market of building and construction is controlled by Government, we all builders would be extremely happy. because than we can forcibly pay Only Rs80/- for all workers, no matters they are skilled or NOT. That will certainly increase our profit.

But alas! we Do Not want it, we do not want government to ruin our market. why?

because if we are forced to exploit our own workers because of ridiculousness of Government law of minimum wage, we will see that not a single worker is working with pleasure and interest, if he won&#039;t be making enough profit, enough salary, he won&#039;t devote hs skills perfectly for us too. and that will decrease the quality of our work.

Minimum wage law is despicable in all cases.</description>
		<content:encoded><![CDATA[<blockquote><p>unskilled and part time workers who could not sell their labour in market due to incompetence or lack of skills and its quite understandable that they cry foul</p></blockquote>
<p>rather it is foul against the skilled better workers, who certainly can (and do get) much higher wages in absence of any such ridiculous law.</p>
<p>Consider the case of labors in railways, it is controlled by government. No matter how good and strong labour you are, you will get Rs80/- per day.</p>
<p><strong>What a robbery.</strong></p>
<p>Even an unskilled meagre worker earns atleast Rs130/- in the labour market of any Indian city which is obviously not controlled by Indian government. And if the labour is skilled, with efficiency and specifi9c skills, he can simply demand as much as Rs250 per day/.</p>
<p>If Labour market of building and construction is controlled by Government, we all builders would be extremely happy. because than we can forcibly pay Only Rs80/- for all workers, no matters they are skilled or NOT. That will certainly increase our profit.</p>
<p>But alas! we Do Not want it, we do not want government to ruin our market. why?</p>
<p>because if we are forced to exploit our own workers because of ridiculousness of Government law of minimum wage, we will see that not a single worker is working with pleasure and interest, if he won&#8217;t be making enough profit, enough salary, he won&#8217;t devote hs skills perfectly for us too. and that will decrease the quality of our work.</p>
<p>Minimum wage law is despicable in all cases.</p>
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		<title>By: Unpretentious Diva</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2969</link>
		<dc:creator>Unpretentious Diva</dc:creator>
		<pubDate>Fri, 27 Nov 2009 14:57:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2969</guid>
		<description>&lt;blockquote&gt;But again - if demand for product is varaible then manufacturer can always - add the extra cost as price for the product to be sold and need not carry out lay-offs so thats another way they can tackle unemployement issue.&lt;/blockquote&gt;

I already mentioned it poor kid, they cannot.

after a certain limit, no producer, no seller, no service provider can raise the price, because if do so, the buyer prefers to NOT to buy that product.

If you increase the school fees, students won&#039;t come to study. Who will suffer? The poor parents, who will find it impossible to teach their kids.

If you increase cost of Gas, people will stop using LPG and will burn trees and shrubs for preparing their food, its cheaper. If you increase cost of wheat, people will prefer eating Jowar, bajra, or rice. &lt;strong&gt;To make high profits, you need to reduce your prices as low as possible, because lower prices increase demand, and increased consumers increase profits.&lt;/strong&gt;

Wrong laws always causes wrong and any law against Liberty of Individual and liberty of market as whole is certainly wrong, immoral and unjustified.

By the way, only in government controlled market there can be surplus of labour. On the other hand labour is extremely scarce resource on earth where the need and desire of man are unlimited. May be India is suffering surplus of teachers that is why so many kids do not get  a school and if they get a school, they do not get teachers.


</description>
		<content:encoded><![CDATA[<blockquote><p>But again &#8211; if demand for product is varaible then manufacturer can always &#8211; add the extra cost as price for the product to be sold and need not carry out lay-offs so thats another way they can tackle unemployement issue.</p></blockquote>
<p>I already mentioned it poor kid, they cannot.</p>
<p>after a certain limit, no producer, no seller, no service provider can raise the price, because if do so, the buyer prefers to NOT to buy that product.</p>
<p>If you increase the school fees, students won&#8217;t come to study. Who will suffer? The poor parents, who will find it impossible to teach their kids.</p>
<p>If you increase cost of Gas, people will stop using LPG and will burn trees and shrubs for preparing their food, its cheaper. If you increase cost of wheat, people will prefer eating Jowar, bajra, or rice. <strong>To make high profits, you need to reduce your prices as low as possible, because lower prices increase demand, and increased consumers increase profits.</strong></p>
<p>Wrong laws always causes wrong and any law against Liberty of Individual and liberty of market as whole is certainly wrong, immoral and unjustified.</p>
<p>By the way, only in government controlled market there can be surplus of labour. On the other hand labour is extremely scarce resource on earth where the need and desire of man are unlimited. May be India is suffering surplus of teachers that is why so many kids do not get  a school and if they get a school, they do not get teachers.</p>
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		<title>By: GP</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2968</link>
		<dc:creator>GP</dc:creator>
		<pubDate>Fri, 27 Nov 2009 14:43:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2968</guid>
		<description>-I think Minimum Wage law only affecting unskilled and part time workers who could not sell their labour in market due to incompetence or lack of skills and its quite understandable that they cry foul against law rather than doin soul searchin on - &quot;what are the real reasons for not getting jobs ( i.e. lack of skill / work ethics - especially part-timers ) . Now about the point of unemployement - I guess if employers are compelled to increase waging rates then definitely they will reduce no. of hrs / contract period OR no. of workers to be employed which may leads to unemployement ( i.e. due to surplus labour ).But again - if demand for product is varaible then manufacturer can always - add the extra cost as price for the product to be sold and need not carry out lay-offs so thats another way they can tackle unemployement issue.</description>
		<content:encoded><![CDATA[<p>-I think Minimum Wage law only affecting unskilled and part time workers who could not sell their labour in market due to incompetence or lack of skills and its quite understandable that they cry foul against law rather than doin soul searchin on &#8211; &#8220;what are the real reasons for not getting jobs ( i.e. lack of skill / work ethics &#8211; especially part-timers ) . Now about the point of unemployement &#8211; I guess if employers are compelled to increase waging rates then definitely they will reduce no. of hrs / contract period OR no. of workers to be employed which may leads to unemployement ( i.e. due to surplus labour ).But again &#8211; if demand for product is varaible then manufacturer can always &#8211; add the extra cost as price for the product to be sold and need not carry out lay-offs so thats another way they can tackle unemployement issue.</p>
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		<title>By: Unpretentious Diva</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2962</link>
		<dc:creator>Unpretentious Diva</dc:creator>
		<pubDate>Thu, 26 Nov 2009 15:06:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2962</guid>
		<description>Buddy, you missed the essence of article by far.

Government itself is MISUTILIZATIOn of essential and scarce resources.

Nothing is perfect, but the system most near to perfection is FREE MARKET, freedom of everyone.

When government interferes, things go awry, forcing wastage of resources.

India never needed minimum wage law, but government always needed to force it on public and make them further poor, more unemployed, more struggling the shortage of everything.

In a free market, the freedom provides the necessary idea of what should be the appropriate wage for a worker. How can government decide it?

Government has NO WAY TO DECIDE it.


By interfering free market, government destroys the verty important processes through which prices and wages are decided. The way to decide is the MUTUAL beneficial agreement.

One will work for that who will give him the maximum wage for his standard of work.
One will give work for that who will provide him the best work at least price.


This freedom of employer and emplkoyee decides the exact wage without
any wastage. government when intervenes, no one can decide what is
profitable for them but their own self, and they are not allowed to decide for their own profit, and that is reason of wastage.
By interfering free market, government destroys the verty important processes through which prices and wages are decided. The way to decide is the MUTUAL beneficial agreement.

One will work for that who will give him the maximum wage for his standard of work.

One will give work for that who will provide him the best work at least price.

This freedom of employer and emplkoyee decides the exact wage without any wastage. government when intervenes, none can decide what is profitable for them, and that is reason of wastage.

How do you think wage market will improve in India?

How can government improve it? By forcing poor people to suffer unemployment starvation and death?

To improve the wage market/labour market or any other market, the most bimportant step is, to let that market be FREE of government interference and let the people, the producers, the consumers, the dealers, the employers the employees to fetch and agree for their own mutually beneficial prices/wages/profits.

That is the only way. Once government interferes, market looses its strength to show the profitable choices and proper prices/wages. and hence wastage occurs, poverty occurs, shortage occurs.
</description>
		<content:encoded><![CDATA[<p>Buddy, you missed the essence of article by far.</p>
<p>Government itself is MISUTILIZATIOn of essential and scarce resources.</p>
<p>Nothing is perfect, but the system most near to perfection is FREE MARKET, freedom of everyone.</p>
<p>When government interferes, things go awry, forcing wastage of resources.</p>
<p>India never needed minimum wage law, but government always needed to force it on public and make them further poor, more unemployed, more struggling the shortage of everything.</p>
<p>In a free market, the freedom provides the necessary idea of what should be the appropriate wage for a worker. How can government decide it?</p>
<p>Government has NO WAY TO DECIDE it.</p>
<p>By interfering free market, government destroys the verty important processes through which prices and wages are decided. The way to decide is the MUTUAL beneficial agreement.</p>
<p>One will work for that who will give him the maximum wage for his standard of work.<br />
One will give work for that who will provide him the best work at least price.</p>
<p>This freedom of employer and emplkoyee decides the exact wage without<br />
any wastage. government when intervenes, no one can decide what is<br />
profitable for them but their own self, and they are not allowed to decide for their own profit, and that is reason of wastage.<br />
By interfering free market, government destroys the verty important processes through which prices and wages are decided. The way to decide is the MUTUAL beneficial agreement.</p>
<p>One will work for that who will give him the maximum wage for his standard of work.</p>
<p>One will give work for that who will provide him the best work at least price.</p>
<p>This freedom of employer and emplkoyee decides the exact wage without any wastage. government when intervenes, none can decide what is profitable for them, and that is reason of wastage.</p>
<p>How do you think wage market will improve in India?</p>
<p>How can government improve it? By forcing poor people to suffer unemployment starvation and death?</p>
<p>To improve the wage market/labour market or any other market, the most bimportant step is, to let that market be FREE of government interference and let the people, the producers, the consumers, the dealers, the employers the employees to fetch and agree for their own mutually beneficial prices/wages/profits.</p>
<p>That is the only way. Once government interferes, market looses its strength to show the profitable choices and proper prices/wages. and hence wastage occurs, poverty occurs, shortage occurs.</p>
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		<title>By: suyog</title>
		<link>http://www.reasonforliberty.com/anarcho-capitalism/inhumanity-of-minimum-wage-law.html#comment-2961</link>
		<dc:creator>suyog</dc:creator>
		<pubDate>Thu, 26 Nov 2009 14:53:46 +0000</pubDate>
		<guid isPermaLink="false">http://www.reasonforliberty.com/?p=4175#comment-2961</guid>
		<description>i agree with the theory..minimum wages...illegal activities that leads under utilisation of resources..these economical theories work under certain assumptons...which are unralistic ....
  i think in india govt interventions are required as wage market is not perfect....thus it is actually impossible to calculate misutilisation of resources...
  for placing any policy 4 whole nation detail analysis is required...any person will prefer a known pill with side effect than complete new thing 
   i dont deny applicability of min. wage rule but indian labour scenario required time to develope that market itself will deside quantity and price 4 labour....</description>
		<content:encoded><![CDATA[<p>i agree with the theory..minimum wages&#8230;illegal activities that leads under utilisation of resources..these economical theories work under certain assumptons&#8230;which are unralistic &#8230;.<br />
  i think in india govt interventions are required as wage market is not perfect&#8230;.thus it is actually impossible to calculate misutilisation of resources&#8230;<br />
  for placing any policy 4 whole nation detail analysis is required&#8230;any person will prefer a known pill with side effect than complete new thing<br />
   i dont deny applicability of min. wage rule but indian labour scenario required time to develope that market itself will deside quantity and price 4 labour&#8230;.</p>
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