Argument: The free market tends to treat workers fairly

In the absence of a minimum wage the free market will not tend toward the exploitation of workers. Rather, wages will reflect the economic situation of a country, guaranteeing that employment will be at the highest possible rate, and not be hampered by an artificial minimum. Some incomes may fall, but overall employment will rise, increasing the general prosperity of the country. [1] Employers understand that high pay promotes hard work. Businesses will not simply slash wages in the absence of a minimum wage, but will rather compete with one another to coax the best and most dedicated workers into their employ. This extends even into the lowest and least-skilled lines of work, as although workers may be largely interchangeable in terms of skill, they are distinct in their level of dedication and honesty. There is thus a premium at all levels of a business to hire workers at competitive wages. Furthermore, employers also take into account that there is a social safety net in virtually every Western country that prevents unemployed workers from starving or losing the barest standard of living. For this reason, wages can never fall below the level of welfare payments, as individuals will necessarily withhold their labor if they can receive the same or better benefit from not working at all than from being employed. Clearly, businesses will seek to employ the best workers and will thus offer competitive wages.

[1] Newmark and Wascher, Minimum Wages, 2010

Candidate 1: "Employers are not stupid. Many do see the value of higher paid workers and appreciate their harder work and dedication. That is exactly why a minimum wage is unnecessary; firms in pursuit of their own self-interest will pay workers competitive wages. Furthermore, social welfare payments will not decrease with the advent of a minimum wage since while some workers will not require income supplements from the state, the higher numbers of unemployed workers will look to the state exclusively as their source of income, raising the cost to the state and the taxpayer."
Candidate 2: "An individual can maintain little dignity when he is subjected to outright exploitation from employers who are unconcerned about their welfare and who have no incentive to pay them anything but the lowest possible wages. A minimum wage ensures that people who find employment can feel real self-worth. Furthermore, if people do indeed only feel self-fulfilled when they are employed, people will be all the more likely to accept poor working conditions and low wages for sake of their self-image. Also, young workers do have means of gaining experience, such as through unpaid internship programs. The minimum wage serves to protect workers of all ages and skill-levels, as no one deserves to be exploited."
Candidate 3: "While economies may bounce back somewhat less quickly from downturns if wages are prevented from falling beneath a set minimum, it is a worthwhile sacrifice for the sake of preventing the exploitation of workers. The minimum wage is particularly important to uphold in times of recession, since increased unemployment encourages employers to slash wages unmercifully. Such reductions can severely harm individuals and families that often suffer from reductions in real wealth as a result of recessions. Furthermore, in the case of competitiveness, companies do not make their decisions of where to locate based solely on prevailing wage rates. Rather, they value educated, socially stable populations. A minimum wage ensures that working individuals have the resources to provide for the necessities of their families and tends to promote social stability and contentment by engendering feelings of social buy-in that are absent in the presence of exploitation and meager wages. [1] Furthermore, it is not clear that the minimum wage has a significantly detrimental impact on employment. [2]

[1] Waltman, The Politics of the Minimum Wage, 2000

[2] Allegretto et al, Do Minimum Wages Really Reduce Teen Employment?, 2011"
Candidate 4: "The incentive to enter the illicit market is actually higher when there is a minimum wage. While the relative advantage of entering the black market might be diminished for some who can enter the legitimate workforce and find employment, the higher numbers of people now unemployed would find it necessary either to seek welfare payments from the government or find alternative employment. Such employment could be readily found in the illegal market."
Candidate 5: "The state has an obligation to protect people from making bad decisions. Just as it tries to protect people from the harms of drugs by making them illegal, the state protects people from exploitation by setting wages at a baseline minimum. Everyone deserves a living wage, but they will not get this if there is no minimum wage. Businesses ruthlessly seeking to increase profit margins will always seek to reduce wages. This behavior is particularly harmful to those who receive the lowest wages. Upholding the right to work for any wage does not give people on the lowest wages a real choice, since it means people must work for what they are given, resulting in terrible exploitation. [1] Clearly, the minimum wage is a necessary safeguard for the protection of the weak and the vulnerable, and to guard people from unconscionable choices that an absolute right to work would force. Furthermore, the right to work does not mean much if an individual can only find employment in jobs which pay so lowly that they cannot support themselves. Thus, there is little difference between being employed below the minimum wage and being unemployed at the minimum wage. When employed, a person is no longer on unemployment statistics and the government has less pressure to act. When unemployed, they have the incentive and time to campaign for government action.

[1] Waltman, The Politics of the Minimum Wage, 2000"
Candidate 6: "There is no social justice in denying people the ability to work. The minimum wage serves to benefit insiders who are employed and harm outsiders who do not have jobs and cannot get them due to the dearth of jobs created by the wage laws. [1] The state may have the best interests of its citizens at heart when it institutes a minimum wage, but it accomplishes little when it leaves more of its citizens without work, and thus dependent upon the state for survival.

[1] Dorn, Minimum Wage Socialism, 2010"
Candidate 7: "While it is of course socially desirable that everyone be able to find gainful employment and pursue happiness, this is not accomplished even remotely by the existence of a minimum wage. In fact, it denies more people the ability to pursue happiness because the minimum wage forces unemployment up as it becomes more expensive to hire workers. The choice to work should belong to the individual, whether his decisions have an effect on the wages of others or not. Individuals can only have control of their destinies when they are not limited in the range of their potential actions, which must include the right to sell their labor at whatever rate they find acceptable, be it at some arbitrary minimum or lower."
Candidate 8: "Businesses are concerned with their bottom line. They will pay workers as little as possible in order to maximize profits. Certainly in some businesses employers require highly skilled workers for which they will be willing to pay competitive wages. However, the people who most require worker protection, those on minimum wage, are generally unskilled and interchangeable with a large body of potential employees. For this reason there is little impetus to pay workers at the lowest echelons of firms anything but the lowest possible wages. Even if some firms are willing to offer comparatively higher wages to entice honest and diligent non-skilled workers, the overall wage schedule will be depressed as far as is economically possible."

Businesses are concerned with their bottom line. They will pay workers as little as possible in order to maximize profits. Certainly in some businesses employers require highly skilled workers for which they will be willing to pay competitive wages. However, the people who most require worker protection, those on minimum wage, are generally unskilled and interchangeable with a large body of potential employees. For this reason there is little impetus to pay workers at the lowest echelons of firms anything but the lowest possible wages. Even if some firms are willing to offer comparatively higher wages to entice honest and diligent non-skilled workers, the overall wage schedule will be depressed as far as is economically possible.
