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Similarly, it fascinates me that people who advocate for free market measures never consider the labor market to be a place where freedom of the market particip
by ATsch 8y ago
Similarly, it fascinates me that people who advocate for free market measures never consider the labor market to be a place where freedom of the market participants to make rational choices should be improved with e.g. better welfare, higher minimum wages or even unions.
There seems to be a general pattern that "creating a freer market" always only seems to matter in the places where rich people would benefit from it.
- mac01021 8y agoThose things might improve life for a lot of people. But "freeing them to make rational choices"?
- ATsch 8y agoIf the alternative to staying in your current job is starving and/or getting evicted, your labor agreement isn't a voluntary, mutually beneficial transaction anymore. For example, a lot of the population works unfulfilling, abusive, underpaid jobs which they only go to because they can't afford to miss a paycheck. Since in a free market, voluntary and mutual transactions are an underlying assumption, labor markets without comprehensive welfare hence aren't free.