In USA 3000$ minimum Europe 300€-3500€ minimum wage i think UK there 4000$ minimum. Wage
But goverment need to regulate just
Rent prices , energy prices ,food prices.
So If you want to put food price up then you need to be approved by goverment only then you can go over price limit.
We need wages up but same time our regular costs need to be not go over limits.
So things we need goverment must keep prices check becouse the economy is playground and goverment duty is to be judge that everybody play fair game.
I do agree that a higher minimum wage is required and that means we are talking about a situation that would also put the companies at risk and hire a lot less people. In a world where that's the minimum wage, it would mean that a lot of people would not be able to make a lot of money since unemployment would go up like crazy, and we should be careful about what we are wishing for since it would cause a lot of trouble for everyone. Just realize that it's going to be a tough deal and you are going to end up with an issue that would not be all that smart. Get it going as much as you can, and you should be quite happy with what's going on.
I get that it is going to end up being a little bit difficult, but we are going to have something decent in the end if we just make it a little higher. The difference between making it super high and killing all the companies versus making it a little higher and keep the companies but allowing people to breath a bit easier is important distinction.