The magic of the market of goods and services sets neither the lowest wages nor the highest. The corruption of the government is what sets the highest and lowest wages, as well as everything in between. When the government is subsidizing record corporate profits via welfare to corporate employees year after year it’s a good sign government corruption is behind the low wages, whether it’s anti-union labor legislation, legislation that exports US jobs, or immigration policies that lower the wages of US workers whose jobs cannot be exported. This is called income redistribution from the 99 to the 1 percetn. The government has rigged the economic and political games against the 99 percent on behalf of the 0.01 percent.
John Hively's Blog: News and Analysis of the War Against the Middle Class 