unarmedman wrote:You refer to libertarianism as the 'fairy magic dust of the free market', but continue to prop us the boogeyman of the inherently 'dangerous' employer...and the idea that libertarians are just all cool with that.
You haven't seen unimpeded free markets work in this country, because they haven't worked that way in 100 years.
And working conditions, pay rates, employee equity and the general welfare of the working poor were what,
better before all this nasty regulation and unionization?
Markets, meh.
Markets only work for a few very specific, very fluid commodities. If you're buying hundreds of tons of sand or feed corn or potassium nitrate, then it doesn't really matter who you buy them from, and market forces will establish the price you pay for them, often standardized to the fraction of a penny from every vendor.
But if you go to the corner store and you need tomatoes, you'll buy the tomatoes if they look good, won't buy them if they look bad, and price variations of, say, 20-50 percent won't make any difference in the number of tomatoes you buy. That the same tomatoes are available a mile away for less will make no difference, because you're standing there in front of them, and they look good enough.
Markets are basically bunk for anything with a perceived value other than a commodity value, including labor. I get paid more than some engineers, less than others, and I'm pretty sure there's no market deciding that. I've set my rates at a level I can survive at, and which doesn't make me feel like a creep. Other engineers try to extract every penny they can from their clients, and they still get work.
Look at water. It's delivered basically free into the homes of nearly everyone, yet people will pay up to $20 a gallon for it if it's bottled for them, and many different brands of
chemically identical water each have market shares at different prices. If markets were as infinitely powerful as libertarians imagine, then all those bottled water companies would go broke, or at least charge the same for their identical products.
Libertarians hang everything on the power of markets, but markets are basically bullshit. They only work in certain narrow classes of transactions, and pretending that they are everywhere and omnipotent is ridiculous. Extending the market model to public services and obligations like education, health care, police work, prisons, military support, fire and emergency response, etc. has been an unmitigated disaster, warping public policy and spending to the benefit of the corporations "competing" for the business.
Things needed as support and infrastructure for a whole society which require extensive investment and universal access are best handled by government, otherwise poor people (also poor neighborhoods, cities and states) get very little benefit from them, and everyone ends up paying more than necessary for them to support the unquenchable lust for increased profit.
Just look at incredible waste of the private sector war infrastructure and the insane incarceration rates needed to justify privatized prisons.
Quit appealing to market forces. They are bunk.