It seems the government(s) may indeed MANDATE the minimum wage you WILL pay, but they forgot something sorta basic...
The government CANNOT mandate that you have any employees or tell you how many to have.
“The government CANNOT mandate that you have any employees or tell you how many to have.”
Hence the rise of “guaranteed basic income”: the point of MW isn’t productivity, so drop the pretense of “work” and just give everyone enough to live on. (No consideration of the economic consequences of course.)
“The government CANNOT mandate that you have any employees or tell you how many to have.”
Don’t give them ideas! They used to think they could not mandate that you have to buy something or pay a “tax”.