Well, there's a good reason the Mises Institute is a right-wing libertarian think tank that is very blunt about wanting to abolish social welfare and workers' r

Well, there's a good reason the Mises Institute is a right-wing libertarian think tank that is very blunt about wanting to abolish social welfare and workers' rights. This quote completely ignores real-world power dynamics and distribution of resources. The employer has capital, the employee does not. The employer can be a Fortune 500 or a mom and pop shop. Even the most highly paid employee can not exert as much political or economical power as Jeff Bezos. At a certain point wealth stops being about what you can buy and starts becoming about what decisions you can influence. This is the reason unions exist. A Fortune 500 company's board members already engage in collective bargaining. It's only fair for its employees to do the same. And this works at almost any scale, even if at the mom and pop shop the employees may not need to formally unionize because there's few enough of them that they can organize directly.