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Despite my username, I agree that the market will not fix discrimination. (Which I used to not believe was a problem, until I saw it first hand). Markets are m
by objectivistbrit 10y ago
Despite my username, I agree that the market will not fix discrimination. (Which I used to not believe was a problem, until I saw it first hand).
Markets are made up of individuals, and if most of those individuals are irrational, irrational outcomes will result, whatever the incentives for rational action. The only real fix is free speech and free association: i.e., those who belong to discriminated-against groups swapping information on the best and worst places to work, and forming professional associations for mentorship, career planning and networking. (Forcing companies to make diversity hires can only be counter-productive).