ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Minimum WageSubscribe to Minimum Wage

Should We Abolish the Minimum Wage?

While heated debates persist in developed countries regarding the continuation of the minimum wage laws, they still remain popular around the world. Unemployment concerns around the minimum wage fade away when the monopsony nature of the labour market is taken into consideration. Given the distinct nature of workers earning minimum wages in low-income countries when compared to high-income ones, it remains significantly effective in tackling inequality in the former. The job polarisation because of the labour-replacing technologies of today underlines the importance of such a measure. Thus, there is still a need for minimum wage, more so for low-income countries.

From Labour and Capital to Labour for Capital

The labour codes reveal less consultation and more government assertion at the expense of workers.

Bare Minimum to Moral Minimum

The idea of minimum wages makes sense inasmuch as it offers some protection against the vagaries of the labour market and fluctuations in inflation index in which the employer may not stick to the logic and ethics of labour contract between the employee and the employer. However, the age-old...

Low Wages and Fast Food

Even as American fast food chains like McDonald's gain popularity in countries like India, in the US their workers are waging a bitter struggle for a higher minimum wage, better working conditions and the right to unionise. This article locates the "Fight for $15" campaign of American fast food workers within the larger context of workers' struggles in that country.

Industrial Slowdown and Small-Scale Sector

A preliminary survey of small-scale industrial units in and around Pune shows that a large proportion of them have suffered a fall in sales, to which they have responded by cutting down labour but only rarely by reducing wages.
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