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The minimum wage is a form of the Copenhagen Interpretation of Ethics. If you employ a poor person, you are responsible for their poverty; if you had used a robot instead, or just not expanded your business, you'd have clean hands.

If we as a society don't want there to be poverty, we should take collective responsibility and help out via transfer payments/welfare/EITC/UBI.


On the other hand, there's some evidence the MW works better in practice than in theory.






But would not such payments also be a form of the Copenhagen Interpretation of Ethics? Welfare payments go to poor people we can observe in our society, i.e. people that still have higher living standards than an average person in many developing countries.
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melian
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If you employ a poor person he is not free to accept potentially better paying jobs. On the other hand if you use a robot the person is usable for other tasks.
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Fwiffo
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