> Go start and run a non-trivial business with lots of employees and international competition for ten+ years.

Perhaps we could cut to the chase and you could tell me what am I supposed to learn from the experience? If it is the fact that the international competition causes wage race to the bottom, then I am already aware of that.

And that's exactly the reason why minimum wage should be a law. Here's food for thought, too: How does Germany does it? Despite having high wages for decades, compared to the rest of the world, even in manufacturing, and recently adopting minimum wage, most Germans are employed, and there are many German companies out there. That I would like to have explained by someone with business experience.