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The market wouldn’t exist without the government. Who do you think introduces and enforced the rules around it? The government added new rules to the market. S
by sundaeofshock 7y ago
The market wouldn’t exist without the government. Who do you think introduces and enforced the rules around it?
The government added new rules to the market. Some players like those rules: some don’t.
- scarface74 7y agoAnd instead of letting adults exercise their free will, we need the government to "protect them"?
- kelnos 7y agoWell, yes. Do you think laws around making anti-compete clauses illegal shouldn't exist? Do you reject the notion of the minimum wage? Do you think we shouldn't have required unemployment insurance payments? Do you think we should allow companies to put onerous, life-threatening terms in contracts? Do you think we should allow companies to force workers to sign contracts banning union membership? If you answered "yes" to these, then I expect people like you and people like me will fundamentally never have a productive discussion about this, as our values just don't match up.
- scarface74 7y agoWell, yes. Do you think laws around making anti-compete clauses illegal shouldn't exist? No, at a certain level, if you are a highly compensated employee, you should be able to negotiate that you won't compete with your employer for x months after you leave the company in exchange for a certain amount of money. Do you reject the notion of the minimum wage? I reject the concept of a "livable wage". It's not the market's responsibility to provide a "livable wage" since that varies based on your situation -- a teenager staying at home vs a single mom with three kids. The "safety net" is the responsibility of government. That was the original thought behind the Earned Income Tax Credit, disability, etc. Do you think we shouldn't have required unemployment insurance payments? No, I should be able to negotiate that I want to be a 1099 employee (and I have) and know that I won't get UI in exchange for a higher hourly rate to allow me to "self insure". Do you think we should allow companies to force workers to sign contracts banning union membership? What I do outside of company's time is none of their business. However, if they pay me enough in exchange for me not being in a union (which I wouldn’t want anyway), sure I’ll take the money. If I don’t want the government coming in between negotiations between myself and my potential employer, why in the heck would I want a union? Free will is great isn't it?
- geddy 7y agoI fix computers in my neighborhood. When someone approaches me they say, "hey, I need this fixed. How much will that cost?" I give them a price, then I fix it, then they pay me. End of transaction. That's as complicated as a market needs to be for things like this. The government has nothing to do with the market. They exist to complicate it and take their cut.