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There's a free market in the US, isn't it? Some would say, don't blame execs, they are products of the market, not the reason for it. How many of HN readers wo
by zx8080 3y ago
There's a free market in the US, isn't it? Some would say, don't blame execs, they are products of the market, not the reason for it.
How many of HN readers would refuse some large bonus?
- usernew 3y agoYeah - I never understand this train of thought. It seems like some edgy teen ranting while working as cashier at the movies. It's a company - they can pay whoever they want, however much they want, and they are not obligated to keep anyone employed or have their internal compensation dictated by society. What society can do is organize into unions and push back, so when they lay off nurses while taking bonuses, the remaining nurses go too and the business goes out of business. If that's the consequence of laying people off, instead of remaining people being unhappy being underpaid for 20 hour shifts, then the company will either use the bonus money for employees, or close down.
- ant6n 3y agoTrue. If you don’t like it, go to Russia. (/s)
- throw9away6 3y ago[flagged]
- Ekaros 3y agoWhy don't the users simply select health care system outside the one that pays too much in their mind to executives? Surely in a free market society there must be alternatives, or maybe some VC firm should start one ignoring all the regulations like they did with Uber and AirBnB that everyone loves.
- lotsofpulp 3y agoThey do. People forgo healthcare, use online searches and forums, visit cheaper non medical doctors, travel to other countries, etc. Emergencies do not really have an alternative though, for obvious reasons.
- ghostwriter 3y agoThere are no government subsidies and bailouts in a free market, what you see in the US today is exactly the opposite of it: crony mixed economy with overreaching government control.
- rascul 3y ago> There's a free market in the US, isn't it? No, there is not.