Those who believe that the minimum wage should be raised say that the ‘disease’ is greed on the part of some business owners who are unwilling to pay their workers a fair share of the profits. Greed is built into the capitalist system. It is the age-old conflict between management and employee: employers want their employees to work harder and do a better job, which is reasonable, but they are, at the same time, unwilling to compensate them for their hard work with a fair and living wage. This is why unions have been and still are so necessary to ensure a fair wage as well as safe and just working conditions.
One would think if unions were that necessary, their numbers wouldn’t be shrinking.
But is it fair to use the term greed, and is greed really exclusive to capitalism? The history of other systems speaks mightily against that proposition. Broadly speaking, every transaction is motivated by “greed” if, by “greed” one means “gain”. I think both Augustine and Aquinas put it well in defining a “just transaction”. In a just transaction, each party gives that which he values less for that which he values more. Everybody, in every transaction, seeks to do that. And if a system will not allow a person to advance himself through his own efforts, it forces him to attempt to do it politically,(force) thus distorting the direction of every effort away from real productivity.
How did Russians under the Soviet system put it? “As long as they pretend to pay us, we’ll pretend to work.” So how do employers at McDonalds’ franchises get their people to do anything other than “pretend” to work? Why are those places clean? Why is the service almost invariably crisp and friendly? If you look at the workers, you can see it. At least around here, they’re all either very young or pretty old, all except the managers. The managers work for a pretty low wage, but they’re also the trainees for franchises of their own; if not with McDonald’s, then with Burger King or some other outfit.
They are not “pretending” to work because they are getting that which they value more for that which they value less. It’s not all today’s wage that they’re working for.
I doubt it’s unusual where I live. There are virtually no unions at all, and attempts to unionize invariably fail to get sufficient votes. Why? Because workers are in short supply; seriously short supply, and it’s pervasive at nearly all levels. If a person has any kind of talent or work ethic at all, he might not earn a “living wage” at first, but he soon will. And he won’t be earning minimum wage either, unless he’s a kid who is just earning money for college or a retiree who wants a little extra pocket money but has no ambitions whatever beyond that.
And one should never denigrate that entry-level, minimum wage job. Ask some kid who wants to go to college or just to get some better job. They’ll all tell you their resume looks better with SOMETHING on it than nothing. And if they’re young, and low-wage jobs are on that resume, at least the potential next employer knows the kid will work. There’s value in that, and any kid with a brain will tell you there is.
So how do we measure “value” then when it comes to jobs? Do we look no further than the immediate wage? If we did, lots of people, including professionals, would wonder why they spent so much time, effort and money getting their educations. Value is more than that.