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> What is wrong with two people freely working together to burn a factory down? I think this should be obvious, but burning a factory down is fundamentally dif
by dreamdu5t 12y ago
> What is wrong with two people freely working together to burn a factory down?
I think this should be obvious, but burning a factory down is fundamentally different from hiring agreements, in that it is destruction of someone elses property. A hiring agreement does not involve the destruction or restriction of property, but laws against such agreements do.
> To collude to deny others the right of free association and free employment is just as wrong.
Hiring agreements do not deny anyone the right of free association or free employment. Employment is a free exchange between the employee and the employer. Not coming to an agreement (not offering you a job) in no way is a restriction of your right to make an agreement in the first place. If I don't want to work with you, that doesn't restrict your right to form an agreement with me or with someone else.
> The CEOs of major corporations that dominate an industry can have a disproportionate impact on an industry
I don't see how that's relevant to the fact that laws against hiring agreements are laws against free association.
- lmakeppleave 12y agoTake the argument to the extreme, is it OK for every employer in every industry to agree on wages and no-poach? What about on child labor? Minimum Wage? What about colluding on prices? Aren't these all the same infringement? The truth is sometimes society has to take away the rights of the few for the sake of the many. While I agree we tend to do it too often, you will be hard pressed to find many who agree with you on this matter. The fact is rules like this almost certainly make our economy more productive as a whole.
- dreamdu5t 12y ago> Take the argument to the extreme, is it OK for every employer in every industry to agree on wages and no-poach? Why isn't it? Those agreements don't restrict or infringe on the freedom of others to form different agreements, or avoid forming them. > What about colluding on prices? Same exact situation. Price agreements don't restrict the freedom of other parties to set prices contrary to that agreement. > Aren't these all the same infringement? Without getting into specifics... Yes. > The truth is sometimes society has to take away the rights of the few for the sake of the many. I truly commend you for your honesty about what these laws are. > The fact is rules like this almost certainly make our economy more productive as a whole. I don't see where that's been demonstrated here. They certainly aren't productive for the firms who are punished for, or prevented from, forming such agreements. I would argue that the fact that firms do form such agreements when free to do so, means that they are productive for the economy as a whole by definition.
- chrismcb 12y agoHow is this productive for the economy as a whole. This was done to keep salaries low, so a handful of people could make more money. How does that benefit the economy as a whole?
- dreamdu5t 12y ago> How does that benefit the economy as a whole? By allowing those firms to make more money. They are the economy too. The economy does not exist for one persons or class of persons benefit. > This was done to keep salaries low, so a handful of people could make more money. People cooperated to reduce their expenses without restricting the right of anyone else to cooperate. Just because people make money doesn't make it wrong. Conversely, a handful of people (the defendants) colluded to make more money by keeping salaries high, except they did it by restricting the rights of everyone else.
- djokkataja 12y agoYou seem to think that the "economy" in its (mostly or completely) unregulated form is some kind of ideal. Why? Such an economy is dependent on rational actors and perfect information, neither of which are present in human society. It seems more reasonable that each human in a group will try to maximize their own economic outcomes as well as to assist the other humans that they personally care about in maximizing their economic outcomes. In the modern world, it's often expected that humans are able to extrapolate that the people that they don't know are similarly worthwhile human beings. So while it's generally considered acceptable to try to maximize things for themselves, doing so while knowingly making other humans worse off is seen as morally detestable. It's important to remember that humans generally care much less about abstract ideals than they do about themselves, the people they care about, and their social standing. The "economy" as it exists in reality does in fact exist for the benefit of one class of persons: those persons who are willing to tolerate it and have the power to change it. When this real-life economy is no longer tolerated, it is changed, in ways like antitrust legislation, class action lawsuits against companies that participate in wage collusion schemes, and the French Revolution.
- 12y ago
- ElComradio 12y ago> you will be hard pressed to find many who agree with you on this matter. Has no bearing on whether it's right or wrong.
- CapitalistCartr 12y agoYes, it may. It depends on how you define right and wrong. Not everyone uses your definition. See Utilitarianism: http://en.wikipedia.org/wiki/Utilitarianism http://en.wikipedia.org/wiki/Utilitarianism
- chrismcb 12y agoIt is not a free exchange when multiple employers have an agreement to keep salaries low.
- dreamdu5t 12y agoHow so?