Denmark, Finland, Iceland, Norway and Sweden. None of these nations have an minimim hourly wage enshrined in law. Instead many of the base terms of employment, including wages, are decided via collective bargaining between sector trade unions and representatives of public sector and business interest organizations.
I live in Sweden by the way, so feel free to ask me questions on the topic and I’ll do my best to answer.
Ive always said I would rather have a maximum income than a minimum one. minimum will solve itself when you make sure one person can’t like buy every single bushel of wheat that the world produces in a year.
Wealth caps
Nobody should have a networth of over 10 million