The Forum > General Discussion > How much is a fair wage
How much is a fair wage
- Pages:
-
- 1
- Page 2
- 3
- 4
- 5
-
- All
The National Forum | Donate | Your Account | On Line Opinion | Forum | Blogs | Polling | About |
Syndicate RSS/XML |
|
About Us :: Search :: Discuss :: Feedback :: Legals :: Privacy |
In a purely market driven capitalistic society like Australia it is impossible to have social and economic equality for all, and maintain the democracy without government intervention. Australia shortly after its foundation as a nation seen the necessity in setting up the mechanism to ensure a basic minimum livable wage was achieved. This body was formed in 1904 as The Commonwealth Court of Conciliation and Arbitration and it has existed to this day. One of the basic functions of the court is to determine what the minimum wage should be. This interventionist body has severed Australia well, but there are those who would wish for its destruction, replaced with a dog eat dog system when wages are determined purely by the market. John Howard was a proponent of this, and Abbott given the chance would also introduce a "free" market industrial system to Australia's long term detriment.