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JRPGfan said:

Minimum wages are there to protect the workforce from the corporations.

Actually, minimum wages were created to keep black people out of the workforce. The modern "intentions" may have changed, but the outcome is still very much similar.

http://www.latimes.com/opinion/op-ed/la-oe-0405-leonard-minimum-wage-20160405-story.html
https://fee.org/articles/the-eugenics-plot-of-the-minimum-wage/
https://mises.org/blog/minimum-wage-and-progressive-eugenics-again
https://www.princeton.edu/~tleonard/papers/retrospectives.pdf
https://newrepublic.com/article/128144/dark-history-liberal-reform
http://reason.com/archives/2016/06/12/the-secret-history-of-the-mini