Company Near Seattle Introduces $70K Minimum Wage

[RgrF]

Carnos Jax wrote:
All of this brings up many good points. In one sense, if everybody works just as hard, then why shouldn't everyone earn more or less the same. Of course, that brings up issues like "then why go to school to study a harder degree?" In turn, that may force people to study what they like instead of what makes them the most money. It's hard to say which is correct. But to purely base every decision on money may be (or may not be) the wrong way we were conditioned into thinking living in a 'capitalistic' economy.

I thought it was pretty clear from the article that this was a minimum not maximum wage. Reducing his own wage to the minimum does nothing to prevent him or other employees from achieving greater earnings.

It's a floor, not a ceiling.