In Mountain View, California minimum wage is below a living wage.
I understand the sentiment: The scarcest resource for me is my time. Money is how we let people decide who gets to tell whom what to do with their time. A system where 0.1% tell 99.9% how to spend their precious time alive is not morally just.
(I'm not saying we're quite that bad as a society -- at least not yet.)
"A system where 0.1% tell 99.9% how to spend their precious time alive is not morally just"
Welcome to modern-day capitalism. This is exactly what it is, with or without Magic. Don't like it? Neither do I, but then we need a new socio-financial mechanism to redistribute wealth, which goes well beyond the scope of services like Magic.