Minimum wage is a must for a healthy market economy
For	Against
Legalizing minimum wage allows more resources be allocated for public benefits Minimum wage helps to raise the status and regain the dignity of the workers Minimum wage is a matter of social justice Minimum wage stimulates consumption Minimum wage is important in carrying out market regulation to prevent the emergence or cure unhealthy behaviors Minimum wage resolves labor disputes in an administratively simple way comparing to the uses of strike or collective bargaining Minimum wage increases incentive to work compared to a social welfare system	minimum wage leads to the raising of general price level minimum wage reduces the marginal profit of business owners minimum wage may give an excuse for the employers to lower the wage of the workers below their real value to the minimum wage Minimum wage restricts market freedom Minimum wage reduces the international competitiveness of a nation Minimum wage is less economically efficient comparing to other policy (a negative income tax or earned income tax credit)

minimum wage leads to the raising of general price level
For	Against
minimum wage increases price of goods or services

minimum wage increases price of goods or services
For	Against
minimum wage increases the production cost of the goods or services

Legalizing minimum wage allows more resources be allocated for public benefits
For	Against
Minimum wage decreases the cost of government social welfare programs

Minimum wage decreases the cost of government social welfare programs
For	Against
Minimum wage shifts the burden of social welfare partly to the private corporations in calling for an increase of basic salary

minimum wage reduces the marginal profit of business owners
For	Against
minimum wage increases the production cost of the business owners

Minimum wage helps to raise the status and regain the dignity of the workers
For	Against
Minimum wage helps to protect the workers from the exploitations of their employers Minimum wage increases the general living standard	being labelled as a minimum wage worker is undignified

Minimum wage helps to protect the workers from the exploitations of their employers
For	Against
Minimum wage stops employers from endlessly lowering the wage of their workers

Minimum wage increases the general living standard
For	Against
With the introduction of minimum wage, the lowest-paid earns more

Minimum wage is a matter of social justice
For	Against
Minimum wage ensures that workers can at least afford basic necessities

Minimum wage ensures that workers can at least afford basic necessities
For	Against
	it depends on the level of the minimum wage and the opinion about what basic necessities are

Minimum wage stimulates consumption
For	Against
Minimum wage increases the income of the lowest-paid

Minimum wage increases the income of the lowest-paid
For	Against
	prices will go up so standards of living will not increase

minimum wage may give an excuse for the employers to lower the wage of the workers below their real value to the minimum wage
For	Against
Some employees may then not willing to work for the employer and this will create more unemployment problems.	market forces will prevent employers from lowering the wage of the workers below their real value to the minimum wage

Minimum wage restricts market freedom
For	Against
Employers lose their freedom in adjusting the production price through losing the freedom in controlling the marginal cost Workers lose their freedom in deciding their own price in forfeiting their labor

Workers lose their freedom in deciding their own price in forfeiting their labor
For	Against
	Employers lose their ability to exploit workers by setting wages at a level below minimum wage

Minimum wage is important in carrying out market regulation to prevent the emergence or cure unhealthy behaviors
For	Against
Minimum wage helps to increase economic efficiency in a monopsonistic market	Minimum wage is self-defeating regulation of market activities is redundant and even harmful

Minimum wage helps to increase economic efficiency in a monopsonistic market
For	Against
Minimum wage helps to restores the balance of power between employers (buyers) and employees (sellers) in a monopsonistic labor market, there is always a market failure of which the workers are paid less than their marginal value

Minimum wage helps to restores the balance of power between employers (buyers) and employees (sellers)
For	Against
Minimum wage regulates the basic salary of the workers from being lowered due to economic competitions

in a monopsonistic labor market, there is always a market failure of which the workers are paid less than their marginal value
For	Against
labour markets exhibit a high degree of market power on the part of employers

labour markets exhibit a high degree of market power on the part of employers
For	Against
supply exceeds demand

Minimum wage is self-defeating
For	Against
(co) in a perfectly competitive labor market, workers are paid their marginal values Minimum wage disrupts the equilibrium of a perfectly competitive labor market

Minimum wage disrupts the equilibrium of a perfectly competitive labor market
For	Against
Minimum wage increases unemployment, especially among less skillful workers

Minimum wage increases unemployment, especially among less skillful workers
For	Against
Minimum wage creates surplus labor	This only show that minimum wage is not a sufficient condition to improve the condition of market, not unnecessary

Minimum wage creates surplus labor
For	Against
Increase of the wage of the lowest-paid means that fewer employers wish to hire labor Increase of the wage of the lowest-paid means that more people are willing to be hired in a higher price

Increase of the wage of the lowest-paid means that fewer employers wish to hire labor
For	Against
Increase of wage means an increase of production cost for the employers

This only show that minimum wage is not a sufficient condition to improve the condition of market, not unnecessary
For	Against
Relevant policy such as longest working hour should be supplemented to facilitate the implementation of minimum wage

regulation of market activities is redundant and even harmful
For	Against
in most labor market, demand meets supply

in most labor market, demand meets supply
For	Against
So far no collusion between employers to keep wage low has been demonstrated

Minimum wage reduces the international competitiveness of a nation
For	Against
Minimum wage increases the price of the products

Minimum wage increases the price of the products
For	Against
Minimum wage increases the production cost	With minimum wage, the salary of workets is overstated. This will increase the production cost and lead to an increase in product price.

Minimum wage is less economically efficient comparing to other policy (a negative income tax or earned income tax credit)
For	Against
The latter results in less deadweight loss than the former which relies on a high tax rate on a small section of economy

The latter results in less deadweight loss than the former which relies on a high tax rate on a small section of economy
For	Against
A negative income tax or earned income tax credit benefits a broader population, and society as a whole bear the cost for minimum wage, benefit is delivered to some low wage workers at the expense of other low wage workers and employers

for minimum wage, benefit is delivered to some low wage workers at the expense of other low wage workers and employers
For	Against
	a minmum wage should apply to all workers, so there is no 'expense of other low wage workers'

Minimum wage resolves labor disputes in an administratively simple way comparing to the uses of strike or collective bargaining
For	Against
	not all labour disputes concern minimum wage workers

not all labour disputes concern minimum wage workers
For	Against
example of a non-minimum wage strike: the 1994 Major League Baseball strike