The racist history behind minimum wage laws (video)

The minimum wage is a racist law.

Legendary free market economist Milton Friedman made this statement famous when he described minimum wage laws as hurting black people. Fast forward to the present, and minimum wage laws are still hurting minorities as well as youth, the unskilled and the uneducated.

With that being said, the minimum wage does maintain a racist history. It was a way to price blacks, women, immigrants and other groups out of the labor market in order to protect the majority. This was the case in both Canada and the United States back in the day.

If Black Lives Matter or any other social justice group wants to protest against something then they should oppose the minimum wage.

Here is a video from Learn Liberty that takes a look at the minimum wage’s racist past:

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