So Mikem what would you have these "unskilled" laborers do. What is your viable alternative. Should they become criminals? Should they sell their organs or their children? Should they work $100 hour weeks just to stay in debt? Should they become subsistance farmers and live off the land? Or should they just die? Would you have them die? What would you have them do? I agree with Lunar the minimum wage goes a long way in checking that destructive aspect of capitalism but it does not even provide enough to keep many people out of poverty. I don't think that many people on this site truly understand the distopia that they would create if they were in charge of things. You may not like the idea of the minimum wage, the concept may offend your finer captilistic tastes but we live in a real world where we have real problems that we have to deal with and eliminating the minimum wage does BUBKIS in fixing those (actually it would probably make things a lot worse as far as Standard of Living goes).
Personally I dont care what they do, I just dont think they should be overpaid for their work. I do agree that this would cause a crime problem though. My main problem is that we should not be trying to pull people out of poverty by centrally raising their wage. Some people will always be below the poverty line, that is just the way the economy works. All that raising the wage higher is going to do is produce faster inflation, so that the real wage will be normalized to near what is was before the hike. Then you have to raise again, and again, and again.