All further institutions had serving functions (secretary, bodies for market regulation, arbitration board) and were the result of the will and the needs of the members.
It is suggested that rather than adopting an internationally agreed upon group of labor standards, sovereign states are better off leaving labor market regulation to domestic policy.
This view emphasizes the role of minimum wages as a market regulation policy akin to antitrust policies, as opposed to an illusory free lunch for low-wage workers.