3 of the 4 Richest countries in the world have no minimum wage laws.

This post is going to be short and sweet. If you are ever debating your communist/socialist/Marxist friends then this post might come in handy. Can the free market properly price labor ?

List of countries with no minimum wages laws 

Singapore no laws or regulations
 
Qatar none
 
Norway none
 
Germany no statutory minimum wage

Italy none

Top 4 richest countries in the world per capita. (World bank)

1 Qatar 98,948 2011

2 Luxembourg 80,559 2011

3 Singapore 59,710 2011

4 Norway 53,396 2011

Other banana republic slave states with no minimum wage laws...

17 Germany 38,077 2011

29 Italy 30,464 2011