"Farmer". That's probably meant to evoke an image of several dozen acres being worked under wholesome good-ol'-fashioned family values. I'm pretty sure that's not how modern agribusiness operates anymore, or at least the families that do fit your profile are nearly irrelevant to feeding this nation. Unless maybe dad being a farmer and getting up at 4 means he's working for a conglomerate. The world of Adam Smith and Wealth of Nations in the 1700s was relatively little removed from biblical times of extreme scarcity, where it was necessary for almost the entire population to work extremely long hours just to survive. Free market philosophy today, at least as usually discussed, has progressed very little from images of gruff but kindly shopkeepers, burly blacksmiths, and lots and lots of farmers struggling just to make ends meet. The industrial revolution brought about at least two big changes, economies of scale, and logistics. The reach of a creative person was no longer limited to what he could build himself, or to the geography he happened to be born in. Marx and others attempted to put this new development into the previous context but they had no way of anticipating how rapidly things were still going to change further. As scarcity began to be less of an overriding concern, we had the luxury to relieve certain groups of people from labor. The idea of the elderly "retiring" became a concept beyond one's family simply looking after you. Child labor was now viewed as repugnant. Leisure time for everyone became a norm when the 40-hour workweek was embraced. We're now at the cusp of something more profound. Today, we are not yet at a mythical day when one person can provide the needs of all of humanity at the touch of a button. That person would simply own everything and the rest of us would survive at his discretion, at least under free-enterprise. But, it is true that, at least in the US and similar countries, we have moved in that direction, as our well-being no longer depends on every able-bodied adult working. A vast variety of middle class jobs have gone the way of the dodo bird - for example management roles are much fewer in the presence of enterprises like Walmart and Amazon.com which leverage the management they have much better - or in the financial world the same capitalist activities go on but are conducted by fewer and fewer people. It's almost surely better for society as a whole - it frees large numbers of people to do something better, although we have some trouble in saying exactly what. But it also results in "your services are no longer required" as well as a greater and greater concentration of wealth. Yet the system still makes it a moral imperative, "work, or you don't eat" - or at least, pure free marketers wish to make you feel guilty about accepting government assistance. None of the economic theories being discussed in this election cycle really tackle how a moral society handles the concept of plenty, as opposed to scarcity. It's still too new to us as a species. Ultra-large corporations scare me just as much as Big Gubmint, and in this world everything of economic importance has become big. Meanwhile the dominant view of capitalism* in the US works basically only for the special case of a quaint Amish community (that's meant jokingly since the Amish have collectivist tendencies). Arguments about minimum wage levels are unsolvable in this environment; I don't claim to have an answer. I'm convinced that pure market forces are not the answer. They can't be ignored either. * For a good reminder of the difference between capitalism and free-enterprise, just watch a rerun of Shark Tank sometime.