Mill’s utilitarian theory of justice advocates for promotion of goodness which is found in happiness wellbeing and desire satisfaction It promotes greater equality of income The gap between the rich and poor should be reduced for wellbeing of all This theory supports minimum wage based on the argument that people get enough money which sustain their lives without need for charity or public benefits Every employee should be paid wage that can maintain subsistence level Increase in wage should not affect the cost of products because this affects the welfare of customers Minimum wage brings fairness between the workers and the owners of the production It ensures that social equality is achieved According to Utilitarian theory all people should be paid equally regardless of skills because it is after redistribution of wealth to all people for greater happiness for all Redistribution of wealth leads to greater income equality People should help everyone who needs help to increase their happiness Businesses whether small or large should ensure they pay workers minimum wage that ensure they meet subsistence level Minimum wage law ensures the amount of money paid to the employee is enough for their lives It takes into consideration the size of the firm and cost of living in order to ensure the small business does not quit due to being unable to pay workers Rawls 2009 Economic theory argues that minimum wage affect the income of citizens
