It has now been 15 years since the federal minimum wage rose to $7.25

jeffw@lemmy.world to politics @lemmy.world – 727 points –
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Employment is a voluntary transaction, but there has to be some corresponding factual transfer to actually fulfill the contract. No such de facto transfer of de facto responsibility occurs to match the assignment of legal responsibility in the employment contract. The contract is not ever fulfilled nor is it, in principle, fulfillable. The only arrangement where legal and de facto responsibility match is a worker coop. Labor is nontransferable at a factual level. You accepted as much

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In the realm of human interaction, the employment contract stands as a testament to mutual consent and the pursuit of rational self-interest. Employment is not a mere exchange of labour for compensation; it is an embodiment of individual choice and the recognition of one’s value.

The assertion that no factual transfer of responsibility exists within traditional employment is fundamentally flawed. When an individual agrees to an employment contract, they are consciously choosing to trade their skills and effort for a commensurate reward. This is a voluntary transaction where both parties benefit: the employer receives the value of the employee's labour, and the employee is compensated accordingly. To claim that this transaction is unfulfillable is to deny the efficacy of human action and the capacity for individuals to uphold their agreements.

I agree that employment is voluntary in the legal sense. Voluntary transaction occur if both parties perceive that they will benefit from the arrangement. The problem is that responsibility can't be transferred.

You know that there is no de facto transfer of de facto responsibility happening in the employment contract. If you thought that a transfer of de facto responsibility occurs in employment, you would think that the employer is solely legally responsible for crimes committed

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