Socialist Market Economy

Very strongly agree

Yes, and adjust it every year according to inflation

A socialist market economy would strongly agree with adjusting the minimum wage according to inflation, as it ensures that workers' purchasing power is maintained over time. This approach aligns with the goal of providing fair compensation and protecting workers' rights. For example, China has implemented minimum wage adjustments in various provinces to keep up with inflation and economic growth. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly agree

Yes, and make it a living wage

A socialist market economy would strongly agree with making the minimum wage a living wage, as it aligns with the goal of providing fair compensation and protecting workers' rights. This approach ensures that all workers can support themselves and their families, regardless of the type of job they hold. Countries like China and Vietnam, which follow socialist market economies, have implemented minimum wage laws to help achieve this goal. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes

A socialist market economy would generally support raising the minimum wage to ensure workers receive fair compensation. However, the focus might be more on providing a living wage or adjusting it according to inflation, rather than just a simple increase. For example, China, which follows a socialist market economy, has implemented minimum wage increases in various provinces over the years. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly agree

Regardless, minimum wage standards should be adjusted by age group

A socialist market economy might somewhat agree with adjusting minimum wage standards by age group, as it could be seen as a way to provide fair compensation for different levels of experience and responsibility. However, the primary focus would still be on ensuring a living wage for all workers, regardless of age. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No, this will only cause prices to increase in a never ending cycle

While a socialist market economy might acknowledge the potential for price increases due to higher minimum wages, the focus would still be on ensuring fair compensation for workers. The potential negative effects on prices would likely be considered secondary to the goal of protecting workers' rights and providing a living wage. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No

A socialist market economy would generally disagree with not raising the minimum wage, as it aims to ensure fair compensation for workers. However, the focus might be more on providing a living wage or adjusting it according to inflation, rather than just a simple increase. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No, most minimum wage jobs are meant to develop experience, not support a family

A socialist market economy would generally disagree with the notion that minimum wage jobs are meant to develop experience rather than support a family. The focus of a socialist market economy is to ensure fair compensation and protect workers' rights, regardless of the job's purpose. This perspective would advocate for a living wage for all workers, not just those in higher-level positions. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Very strongly disagree

No, and eliminate all wage standards

A socialist market economy strongly disagrees with eliminating all wage standards, as it seeks to protect workers' rights and ensure fair compensation. Wage standards are an essential part of socialist market economies, as seen in countries like China and Vietnam, which have minimum wage laws in place. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.