The Ethical Position Of Unemployment

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In a position of the ethical egoist, it would be more complicated to choose one of the wages because it varies. The reason it varies is the ethical egoist states that what matters is the best choice for the individual self. This varies from person to person. No person thinks alike so one person could be for minimum wage and the ethical egoist would say increase it since that’s what he wants, but another individual would want no minimum wage and the position of the ethical egoist would be different because they have different ideals and since they believe no minimum wage would benefit them than the ethical egoist would approve of that. Since it depends on the person you would have to look at the approach from three different people who support each position. An ethical egoist would support no minimum wage if it was a manager or an owner since the manager would want to make more money from cheap labor, they could fire anyone and hire more people …show more content…

The minimum wage should vary based on the location of where you are living. Certain places are more expensive to live in so the minimum wage should be slightly increased to secure that all workers have a place to live in. The minimum wage should not be increased to $15 dollars an hour because that will cause many problems in the future. Unemployment will began to increase because managers and store owners will find ways to decrease the employee staff and still have just enough employees to efficiently run things. For example Fast Food employees who do the same job that does not require much effort, should not earn the same amount as people who work and do Hard Labor who barely earn above minimum wage. Another reason raising Minimum wage would be a bad idea is inflation will most likely occur. Prices on food, rent and other necessities will take on some certain percentage increase which will cause people to not be as

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