this post was submitted on 21 Sep 2023
1503 points (91.7% liked)
Memes
45317 readers
2110 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The only way for libertarianism to work is if every human had only good intentions. Since that’s simply never going to happen libertarianism will never work. Just my opinion feel free to disagree.
Respectfully, I think the opposite. I think, for the most part, a free(r) market naturally benefits humans with good intentions and harms those with bad intentions.
For example, let's say in a free market, somebody wanted to start a business with horrible working conditions, horrible salary, horrible everything. Now, if the economy is real bad then people might work there, but for the most part, that business is going to fail because people won't work there, and would choose other jobs instead. So in this case, a free market actually incentivizes "good intentions". The business owner will have to improve work conditions, salary, etc. so that people will work there instead of elsewhere.
And one of the important aspects of a free market is the ability to start a competing business. If there was a company with overall poor working conditions and salary, it would highly incentivize someone to start a new company with better conditions, because they could pull in all the workers from the other company.
And look, I'm not saying this is fool proof and works 100% of the time, and I'm not saying there shouldn't be a healthy amount of regulation. But if you compare this to an economic system where businesses are run by the government, you can simply just be stuck with shitty work conditions and shitty salary, and not be able to do anything about it.
That only works when worker are less replaceable and desperate. Their are a lots of open job positions today but most pay less than the cost of living.
Lots of open job positions is very healthy for the economy, it gives the worker the ability to choose, and it makes companies have to compete. A ton of companies are literally being forced to increase their wages in order to get enough employees.
I'm not saying it's unhealthly I am just saying they don't help if they don't pay above the cost of living. Sure you can get a job paying 15 USD but that isn't even going to cover rent + utilities. So for now your stuck with your job and don't have the option to switch.