Yesterday CNN’s Candy Crowley interviewed Gov. Scott Walker of Wisconsin about, among other things, the current push to increase the minimum wage. He kept saying that the minimum wage should not be “artificially increased.” The implication, obviously, is that increasing the minimum wage messes with free markets.
It is true that the minimum wage prevents employers from paying as little to workers as they would like to: nothing. Slavery is the highest state of capitalism.
What is interesting to me is that a right-winger like Gov. Walker only uses the artificiality meme to refer to an increase in the minimum wage. This implies that the minimum wage it’s self is inherent, perhaps set by God?
Of course, perhaps he actually believes that, many conservatives do. But he can’t say that because the minimum wage itself is so popular among both liberals and conservatives. Which forces him into an unfortunate, embarrassing rhetorical box.
Furthermore, interference with free-market forces have impacts on the high-end of the labor-management scale as well. For example, Gov. Walker recently and controversially pushed through a prohibition on the right of state workers to go on strike and bargain collectively. Shortly this is also an artificial interference with the natural state of affairs. Even in a totally free-market, anarchistic economy, workers have the ability and the right to withhold their labor in order to pressure their employers for higher wages and better working conditions.
In other words, “artificiality” only applies to upward pressure on wages for the 99%.