One point you haven't covered, is that there aren't enough companies offering jobs to create free-market conditions.
Look at what happened with the no-negotiation agreements between Apple and co. in Silicon Valley. This was for some high-wage people, so we're not talking about a wage floor issue here.
Yet those agreements stil happened , because a single company can influence wages. In a true free market, there are so many buyers and sellers that no single actor can influence the price.
Not to mention that on a more theoretical level, there is a lower bound on the amount of money people need to live, so there _is_ a lower bound on wages, or at least a lower bound on wages. This is also a pretty good argument for basic income, because it would make participation really voluntary.
Look at what happened with the no-negotiation agreements between Apple and co. in Silicon Valley. This was for some high-wage people, so we're not talking about a wage floor issue here.
Yet those agreements stil happened , because a single company can influence wages. In a true free market, there are so many buyers and sellers that no single actor can influence the price.
Not to mention that on a more theoretical level, there is a lower bound on the amount of money people need to live, so there _is_ a lower bound on wages, or at least a lower bound on wages. This is also a pretty good argument for basic income, because it would make participation really voluntary.