I always find it quite incredible that wealthy people think they no best for the blue collar worker. It's like men thinking they know best for women...
Lucky we have a democracy which will never allow such I'll advised & unsavory policy to see the light of day.
Interesting take you have on the minimum wage in the US ValueNZ. Stating that it was introduced to prevent Black people from working for less than white. Like they had a choice.
The correct way to look at it is it was to prevent employers taking advantage of black people and pay them the same as everyone else.
Here is a chronicle of the history of the minimum wage. I didn't realise NZ was the first country to implement one in 1894. Something to be proud of.
It also refers to the 1938 US example and from what it says it was more about protecting women & children than black people. I really wonder what tmyou are reading to arrive at such distorted views.
https://www.ilo.org/global/topics/wa...minimum%20wage.