The Labor Pains Megathread

[grumbler]

Free market with no restrictions inevitably leads to a monopoly - which is the very antithesis of freedom of choice.

This is the opposite of the truth.  Free markets without restriction lead to intellectual stagnation, because one cannot use one's own ideas to establish market advantage.  Free markets without restrictions are too easy for competitors to enter using stolen ideas/advantages.

[Admiral Yi]

Its not so voluntary when the only other choice is unemployment and starvation.

Dude, you're not getting it.  You don't have to apply for a low-paying job because you don't have one, and you don't have to accept a job offer for the only job you can get.

Let's assume for the sake of argument that there is only one sweat shop in Vietnam (which there obviously isn't) and that the alternative to accepting whatever that sweat shop is offering is starvation (which obviously it is not); given all that, how do the conditions of all the prospective Vietnamese sweat shop workers improve if we close that one sweat shop in outrage?

[Tamas]

Free market with no restrictions inevitably leads to a monopoly - which is the very antithesis of freedom of choice.

This is the opposite of the truth.  Free markets without restriction lead to intellectual stagnation, because one cannot use one's own ideas to establish market advantage.  Free markets without restrictions are too easy for competitors to enter using stolen ideas/advantages.

This is clearly proven by the EU where there are more regulations than in the US, and as a result it is the home of successful startup companies and groundbreaking innovations, in stark contrast of the less regulated United States.

[Martinus]

Free market with no restrictions inevitably leads to a monopoly - which is the very antithesis of freedom of choice.

This is the opposite of the truth.  Free markets without restriction lead to intellectual stagnation, because one cannot use one's own ideas to establish market advantage.  Free markets without restrictions are too easy for competitors to enter using stolen ideas/advantages.

Uhm no.

[grumbler]

Free market with no restrictions inevitably leads to a monopoly - which is the very antithesis of freedom of choice.

This is the opposite of the truth.  Free markets without restriction lead to intellectual stagnation, because one cannot use one's own ideas to establish market advantage.  Free markets without restrictions are too easy for competitors to enter using stolen ideas/advantages.

Uhm no.

  What a persuasive argument!

Stick to being a faux lawyer.  Your understanding of economics is even less than your understanding of law.

[The Brain]

Smell the love!

[Razgovory]

Free market with no restrictions inevitably leads to a monopoly - which is the very antithesis of freedom of choice.

This is the opposite of the truth.  Free markets without restriction lead to intellectual stagnation, because one cannot use one's own ideas to establish market advantage.  Free markets without restrictions are too easy for competitors to enter using stolen ideas/advantages.

Uhm no.

Great.  Now Grumbler is an economist in addition to being a lawyer, admiral, doctor, scientist, and cowboy.

[Martinus]

The honeymoon is over. 

I get angry in the mornings. Especially on my birthday.

[DGuller]

The honeymoon is over. 

I get angry in the mornings. Especially on my birthday.

I know how that feels.  We all get angry on your birthday.

[Ed Anger]

Holy crap, 37? What is that in Homo, 80?

[Ideologue]

Holy crap, 37? What is that in Homo, 80?

Dead.

[Ed Anger]

Holy crap, 37? What is that in Homo, 80?

Dead.

Mart turns 37

[Martinus]

Assholes. 

[Tamas]

Hungary is now planning banning work on Sundays

First step, they will ban it for supermarkets which are bigger than the shops the pro-Fidesz supermarket chain owners has. Then supposedly will be extended to most of all jobs.

I wonder how that will effect my ex colleagues giving 24/7 remote IT support.

But at least Hungary will become a safe haven for those fleeing from slavery.

[Tamas]

Just to be clear, if the government will be retarded enough to prevent 24/7 IT services, the companies doing that over there (employing thousands of people) will just shift over to India, as they have contractual obligations to their customers.