What Labour Markets Are Really Like

[tcpip.livejournal.com]

It should come as little surprise that many libertarian capitalists lack a nuanced view of labour market economics. After all, they lack a nuanced view on pretty much everything else as well. One does not have to go far to find utterly trite arguments [1] that suggest that a "libertarian" approach would mean "that human beings should be free to undertake exchanges with each other free from force, fraud or coercion" which, from their astoundingly simplistic interpretation of such things, means and end to such horrific interventions in the free market such as minimum wages, occupational health and safety, anti-discrimination laws, penalty rates, sick leave, and holiday pay.

( Read more... )

Just cross-posted from the usual suspect.

We can't buy this election? Drat!

[luzribeiro.livejournal.com]

Well, ain't that curious. The GOPian makers-and-breakers, the ultimate power-brokers actually do not want the GOP front-runner. They're... wait for it... "disappointed". And concerned. The horrors!

Koch brother: Trump plan would 'destroy free society'
"It is hard for me to get a high level of enthusiasm because the things I'm passionate about and I think this country urgently needs aren't being addressed," he explained.

You mean the economy, stupid? Yeah, how come nobody talks about possible smart ways of protecting and multiplying your money and power the economy?

( So, Trump is truly uncontrollable, then? )