The free market tends to treat workers fairly  In the absence of a minimum wage the free market will not tend toward the exploitation of workers. Rather, wages will reflect the economic situation of a country, guaranteeing that employment will be at the highest possible rate, and not be hampered by an artificial minimum. Some incomes may fall, but overall employment will rise, increasing the general prosperity of the country. [1] Employers understand that high pay promotes hard work. Businesses will not simply slash wages in the absence of a minimum wage, but will rather compete with one another to coax the best and most dedicated workers into their employ. This extends even into the lowest and least-skilled lines of work, as although workers may be largely interchangeable in terms of skill, they are distinct in their level of dedication and honesty. There is thus a premium at all levels of a business to hire workers at competitive wages. Furthermore, employers also take into account that there is a social safety net in virtually every Western country that prevents unemployed workers from starving or losing the barest standard of living. For this reason, wages can never fall below the level of welfare payments, as individuals will necessarily withhold their labor if they can receive the same or better benefit from not working at all than from being employed. Clearly, businesses will seek to employ the best workers and will thus offer competitive wages.  [1] Newmark and Wascher, Minimum Wages, 2010