The author discusses the issue of wage minimum from the perspective of his own professional experience, and clearly supports significant increase of the lowest wages currently in force. Interesting - although undoubtedly debatable - thesis is presented, according to which market economy is, generally speaking, not conducive to spontaneous growth of wages, the lowest in particular. Hard competition among economic entities that forces to constant lowering of costs, characteristic for that economy, is a special threat in that respect. Hence, according to the author, the state should intervene in the sphere of remunerations in the conditions of market economy
JavaScript is turned off in your web browser. Turn it on to take full advantage of this site, then refresh the page.