Quote:
Originally Posted by Tietäjä
Capitalism isn't working in this case because free markets don't exist (hence there cannot really be effective capitalism). If markets worked along the lines of Adam Smith, the employer treating his employees this badly in order to obtain more profit would inevitably find himself without employees because they'd simply change to another employer.
|
So if we just did away with protectionism and anti trust laws we wouldn't need to worry about worker exploitation because the magic of the market would just produce an indefinate amount of "good" jobs?
Quote:
|
Originally Posted by tietaja
Income differences aren't a result of free market capitalism. They're a result of protectionism, imperialism, and nationalism (in a vague fashion).
|
Well they at least partly are. Unless you're suggesting laissez faire would result in everyone being paid the same.