In response to arguments regarding 'clearing' levels of wages, I just draw attention to a passage form the article - which I think expresses my position well:

Arguments for suppressing these people’s wages are just another take on the discredited idea that labour markets should always be flexible downwards in order to “clear”.

This idea - to clarify - holds that wages should be driven down by market forces (to reach “equilibrium”) and that the alternative to this is unemployment. Against this it could be argued that there are many areas - for instance cleaning - where demand would hold steady regardless of fair wage standards. Another argument is that fair wage standards would not impact negatively on overall demand but rather on wealth distribution and patterns of consumption.

Tristan:

when “ad astra per alia porci” the lot of the lower classes will improve

Woe to the wage slaves of capitalism! And up yours Woolworths where potato’s sell for one dollar each, etc. etc. etc.

If high wages cause employers to limit staff, why isn't there a plethora of unemployed CEO's?

:-?

WTF?

I’ve got to agree with the trannie here.

When workers have little or no discretionary spending
they are slaves.