Why don't market forces intervene on behalf of slave laborers?
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03-09-2014, 04:22 AM
Post: #4
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Free markets do not self-regulate when it comes to employment and inflation/deflation. Free markets do not regulate social equality either. Free markets do not feel sorry when there is a man who works without pay and is under ownership of another man. Free markets assume that all "labor" is paid for in wages, therefore, slaves meet the definition of "capital."
Freeing slaves, making sure everyone's employed and makes an acceptable level of money, making sure essential needs are affordable... these are not the goals of a free, unregulated market, but goals of society/government/etc. If markets were completely free, eventually the highly successful will enslave the less successful. The enslaved will be completely taken out of the population of consumers. Capitalism gone wrong. Carl - A completely free market means there is no government control over industry. If businesses use slaves, the government cannot stop it. However, not many markets are completely free in the real world, since there are governments to outlaw slavery. |
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Messages In This Thread |
Why don't market forces intervene on behalf of slave laborers? - Alias - 03-09-2014, 03:50 AM
[] - TheAnswerMan - 03-09-2014, 04:08 AM
[] - calzrhe - 03-09-2014 04:22 AM
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