Marx 's conflict theory has a very distinct ideology, it is stated that it mainly focuses on the causes and effect of class conflict between the bourgeoisie and the proletariat. The Bourgeoisie represented the members of a higher society which held onto the majority of the wealth and means also known as the owners of the way of manufacture and the capitalistic. While the proletariat class was constructed by individuals who belong to the working class or the poor. While they would focus on the economical, societal, and governmental implications of the rise of the capitalist economy in Europe. With the rise of the capitalist economy, it was theorized that the bourgeoisie,
Andrew Carnegie once said “Do your duty and a little more and the future will take care of itself.” Carnegie: for better or worse, played an important part in the worker’s rights movement. Some of the very first movements for workers to unionize and protect their jobs came during Carnegie’s time and would mark the very beginning of long and difficult process to achieve worker’s rights that still continue to this day. The minimum wage debate is without a doubt part of these negotiations and has taken the spotlight in recent years. There are two sides to the minimum wage debate: the employees fighting for higher wages who would like to earn enough to keep food on the table for their family, and the employer who is doing what they can to keep
Paying for a college education creates a dilemma when a student only earns minimum wage flipping burgers at a local fast food restaurant. The current federal minimum wage stands at $7.25 per hour before taxes. The debate on whether it should increase or remain constant has been occurring for many years. Raising the minimum wage to match the current cost of living seems like a good idea, but this could cause some negative effects. John Komlos’ article “Why raising the minimum wage is good economics” delivers a more effective argument than Rex Huppke’s article “The argument against raising minimum wage” through the use of ethos, logos, and a valid conclusion.
One of the biggest negative effects of raising the minimum wage is that it would severely hurt small businesses. If the minimum wage were to be raised it would force the owners to pay their employees more money that they might not have. In order to pay the employees the newly raised minimum wage they are gonna have to raise the prices which will lead to the loss of consumers, and might eventually lead to the store going out of business. According to a Gallup poll done in 2013, 60 percent of small-business owners said that raising minimum wage will “hurt small business owners. James Richardson, MBA, Vice President of the fast food chain White Castle, said that the company would be forced to close
Life is a struggle and finding a job and paying your bills is not always easy in this world today. A major debate that has been an issue is whether there should be a law to raise the minimum wage. The minimum wage is the lowest hourly salary an employer can pay an employee for their work. According to Williams (2013), “The minimum wage was signed into law by President Franklin Roosevelt in 1938”. The first minimum wage was 25 cents per hour. Since then, the minimum wage has been increasing as the last increase of Florida's minimum wage was an increase of 14 cents on Jan. 1, 2014. This federal increase makes it 68 cents higher than the federal minimum wage of $7.25. Gibson (2014) states “Obama, who last year called for an increase in the
Raising minimum wage has been an ongoing issue for many years. Similar to every debatable issue, pros and cons are inevitable. In the United States, minimum wage started when the Fair Labor Standards Act of 1938 (FLSA) was passed and minimum wage started at 25 cents per hour. The purpose of setting a minimum wage is to set a maximum workweek and to eliminate child labor. It is defined to be the least amount of money employers are obligated to pay their employees by law. As the years passed, the minimum wage began to increase to accommodate the growing economy. Although the wage has increased from a mere 25 cents per hour to $7.25 over the course of 75 years, living expenses are much higher causing many people to be poverty stricken (Debate.org). President Obama proposes raising the minimum wage, so that it would help minimize the income gap in America. However, most business organizations and the Republicans oppose to the idea, saying that it could potentially lead to more economic problems. While both sides have valid points, which one provides a more compelling argument? In the United States, the minimum wage should be raised in every state; therefore workers can have a more comfortable standard of living, lower the poverty line, and minimize the income gap.
In 2015, the Illinois minimum wage is $8.25 an hour (Schreiber and Young). There are people in Illinois who want to raise the minimum wage to $15. The current debate for the increase in minimum wage is that, by increasing the minimum wage, cost of living will be easier to pay for, poverty levels will decrease, and produce income equality. This notion sounds like a good idea initially; however, what will the repercussions of raising the minimum wage most likely look like? Increasing the minimum wage will probably have the opposite effect of what is intended by its supporters.
When we think about minimum wage and what our belief on raising it is, most people think one of two things. People hold to the belief that a raise to the minimum wage good for the economy or it is bad for the economy. The authors of “the minimum wage debate” (Hassett & Strain, 2013) would attempt to have us look at the debate in another way. In their article they use a number of rhetorical techniques on us to try and have the reader examine why they are in favor of a raise in the minimum wage. Are we in favor of the minimum wage increase because we believe it will truly help the American people or do we believe in it because we are told to by the government?
Several examples of data and statistics from studies elucidate the harmful effects on small businesses and in addition the compelling of companies to close as a result of the increase of minimum wage. According to a Gallup poll that took place in 2013, 60% of small business owners agreed that an increase in minimum wage would be harmful to their small businesses (Should the Federal). Small businesses do not have the money supply that chain corporations do. Naturally, if they had to pay their employees more, it would be harmful to them. Several Walmart stores have closed and Walmart stores that were yet to open have closed as a result of an increase in the minimum wage (Should the Federal). An increase in the minimum wage must even have harmful effects on larger businesses. They obviously employ several more people than a small business, so they have to pay each worker more resulting in a net loss of a lot of money from the chain. Additionally, in several work places, if the minimum wage were increased, the wages of those who hold higher positions would have to be increased. For example, if the amount of money that the minimum wage dishwasher or table busser in a restaurant increased, then the chef and manager would need to be paid accordingly. If the minimum wage were to increase, it would be detrimental to both small and large businesses.
The bill was created to “provide for an increase in the Federal minimum wage”, H.R.1010, was introduced March 06, 2013 by representative George Miller of California and 197 other cosponsors under the Democratic party. The bill hoped to increase the minimum wage to aid the economy by boosting consumer spending and aiding working class families. The house of representative bill was “referred to the Committee on Education and the Workforce. To become a law it must pass both the U.S. House of Representative, U.S. Senate and then signed by the president of the United States or override the president’s
I'm tackling the topic of increasing the minimum wage of employee. Most people in america live on minimum wage and some people even work full time. the lower the income the higher support from the government you will get. In my opinion, i don't think we should increase our minimum wages because it will effect small business, the unemployment rates will increase, and increase of price control.
Minimum Wage, also known as the savior of middle class, is defined as the lowest amount the employer legally can pay their workers per hour. The minimum wage law was set to introduce new goals in mind and such laws were created to reinsure that . For instance, the federal law that was originally proposed by Senator Bernie Sanders back in 2015, Pay Workers A Living Wage Act involves a five-part process that will increase the minimum wage each year. It will be indexed into the median hourly wage which will also eliminate the tipped minimum wage. It is difficult to decided whether this law has enough power to be passed, but it has gained enough traction to at least be considered by the congress and Senate. However, the minimum wage controversy has become a topic of discussion for several years now thus turning into a nationwide discussion. I believe the enforcement of minimum wage would protect the livelihood of workers who are working lower end jobs and living in poverty stricken neighborhoods. Also, the demographic of the workers should not play a factor in those are currently working
Hosted by Intelligence squared debates, two teams argued the motion of abolishing the minimum wage. Each team had two representatives, arguing “for” were James A. Dorn and Russell Roberts; Jared Bernstein and Karen Kornbluh argued “against”. The moderator was John Donvan, he led this debate in three rounds, opening statements, Q&A with the audience/ arguments, and closing statements. Before the debate began, Donvan took a poll from the audience to gauge their initial opinion. The pre-debate poll shows 21% of the audience is for, 58% is against, and 21% are undecided. Both sides agreed on a few points; for one , we need to improve our education system (K-12) in order to improve our human capital. If we invest in education, more people come
After reading these two articles about the minimum wage, there are more interesting issues that arises. While the first article by Sabia (2014) added additional insight of how the minimum wage relates to the poverty level, McCarrier et al (2011) adds how the minimum affects health care. The framework of each article, is describes in three categories; 1) decisions, 2) assumptions and 3) arguments. The objective of this paper is to develop questions for each article, which may contribute to the study. Below is a list of these questions.
Buffalo State Economist Professor Fred Floss stated, “When it comes to small businesses, the wage increase for 2017 shouldn’t make a big impact.” I agree with Floss before the minimum wage was $9.00; 70 cents increase is not that big of a deal to the business I would say. It all has to do with how well a business is performing, if a business isn’t doing well then maybe it shouldn’t be in business. If a business cannot afford to pay its employees the minimum wage then it should close its doors. Business owners always think about how their businesses do but they never think about how their employees are doing “cash” wise. We have price increases as well such as; supermarkets raise their prices and transportations we need an affordable minimum