Do an online search on raising the minimum wage and you'll see any number of articles and essays detailing why it shouldn't be done. However detailed or long-winded these articles are, they all have one central topic, and that is; if we raise the wages of the lower class, suppliers of goods and services will have to raise their prices, which in turn drives everything up. This is why I say bah nonsense. It's absurd to think that a company like Wal-Mart, whose CEO earns an annual salary of $20.7 million, would have to raise prices along with employee salaries to make a substantial profit margin. This is simply not true, especially when you consider that the average Wal-mart employee only makes about $9.00 an hour, and that's not just Wal-mart, but other consumer companies, like Target and TJ MAXX. The CEOs of these companies earn ridiculously high salaries without even paying their workforce enough to live on. The question is: why. The reason is simple. It's greed. The more a CEO earns, the more he wants to do. The economy is no longer about providing a good or service to the general population, but about accumulating as much wealth as possible, and you are stupid if you think you have the same opportunity to gain wealth as those CEOs of Walmart and Target . . The truth is, the cards are stacked against you, and the situation continues to get worse as the world moves along its orbit. The economy has become largely based on trading and selling goods, and the worker has become a cheap disposable commodity, used by megalomaniacs who sit atop mountains of cash, throwing down crumbs as they see fit . workers are disappearing at alarming rates. Data from... middle of paper... some sort of nanny state to make everyone dependent on the socialist government. The hard truth is that most people who participate in these programs work full-time jobs and are not the only ones in their families who do so. To reiterate the point, a higher wage means fewer people on welfare and frees up tax money that could be used for other things, or could go back into the pockets of the American worker. Many would read this and call me a socialist, and if offering an argument for workers' rights makes me a socialist, then so be it. The blogs, articles and essays, some written by economists with advanced degrees, people more academically capable than me, will continue to mock raising wages for lower-class workers, or the need to enact regulation. I'm just stating that they are wrong and that this essay proves it.