4 ms·
>I think the lack of child labor is a great example of the market working pretty well[...] This is a rather unique perspective, I think. Maybe I'm missing some
by fnordian_slip 2y ago
>I think the lack of child labor is a great example of the market working pretty well[...]
This is a rather unique perspective, I think. Maybe I'm missing something, but isn't the decline of child labor mostly due to laws? I'd say the constant stream of child labor scandals implies that the market is a force opposing the protection of children more often than not.
- dr_dshiv 2y agoThe data seem to suggest that the reduction in child labor is due to increased wealth and prosperity. I’m not saying regulations aren’t important—they are. But markets increase wealth — and wealth reduces child labor and increases concern for the environment. https://ourworldindata.org/child-labor https://ourworldindata.org/child-labor