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Comment by roel_v

That's true to a certain extent, but experience (19th century beginning-of-industrialization) has taught us that the floor (i.e., the equilibrium) is bad enough that we don't want that sort of circumstances. In other words, it turns out that people want to work to eat so badly that they'll put up with working 14-hour days and letting their 10 year old children work in factories that literally kill 10's of them per year.

I'm not saying gig workers' circumstances are nearly as bad as those in the 19th century, I'm just illustrating the principle. The discussion then continues at 'what is an acceptable equilibrium'. Of which certain people, unsurprisingly, find that today's is not OK.

Note that I'm not saying here which side of the discussion I side on (that's a political question not worth rehashing here I think), just pointing out the (rather obvious) argument against total market freedom in this particular market (labor).

parent roel_v 8 years ago

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