In a capitalist society, the role of the government is to provide a framework that allows for the smooth functioning of the economy. This includes creating policies that ensure that workers are protected and treated fairly. A minimum wage is a policy that ensures workers are paid a basic wage that enables them to meet their basic needs. It is a way for the government to protect workers from being exploited by employers who might try to pay them very low wages.
While companies may argue that they should have the right to pay workers whatever they want, it is important to remember that workers also have rights. In a capitalist society, companies are driven by profit, and if left unchecked, they may take advantage of workers by paying them very low wages. This can lead to an increase in poverty, inequality, and social unrest, which are not good for the economy or society as a whole.
Therefore, the government does have the right to mandate a minimum wage to protect workers and ensure that the economy functions smoothly. However, the exact level of the minimum wage is a subject of debate and can vary depending on factors such as the cost of living and the state of the economy.