Giardiasis said:I had to be impertinent antman, otherwise you wouldn't have responded.
No offence taken and thoughtful post G.
If you recognise private property, then there is no room for one human to own another. Private property is of fundamental importance to free markets. I agree that the moral arguments to abolish slavery were the most powerful, because the majority of people back then would have still considered slaves as cheap labour. Adam Smith demonstrated that they were wrong, that free men are cheaper than slaves. He argued the point on moral grounds also.
Nothing to do with private property but everything to do with the rights of human beings. If you don't recognise the rights of human beings, then human beings can in certain circumstances become private property.
Have you forgotten about the massive increase in the standard of living that the industrial revolution created? Only with that increase could people start to ask for greater pay, greater workplace safety, and greater environmental controls. With greater prosperity, people could start to demand more from business. If you had all that lovely government interference before the industrial revolution kicked off, it would never have happened. Full stop.
A strange "what if", and who knows. But let me ask you this... which is the most successful manufacturing economy in the Western world in terms of exports? And do you think this is a highly regulated economy or a minimally regulated economy?
My my. This is ridiculous and disingenuous. What you are comparing between is the current model and anarchy. Government regulation must protect private property, so if a business is dumping sh!t all over the private property of others, then they should be held accountable.
And herein lies the rub. It is precisely because the environment is no-one's private property, and is treated as an externality, that it is at grave risk of further exploitation and degradation. The environment is no-one's private property. Workplace safety is no-ones private property. The concept of private property solving every problem doesn't fly.
Giardiasis said:If a workplace is known to be lax on safety, people don't have to work there, they can work for someone else that does take it seriously. If a workplace pays a pittance, then people don't have to work there, they can work for someone that pays them properly. Competition is key, and it is something that government regulation works to disband i.e. tariffs, price controls, union power, fractional reserve banking etc. Without government giving special favours to certain groups to allow them to have unfair advantages at the expense of others, free markets allow people to make the decisions that affect their lives. They know better than anyone what is in their interests, so I find it bizarre that we still think that men and women that sit in dreary offices in Canberra know better.
Are you talking about the men and women that we elect through a democratic process?
Ah yeah, the old "if you don't like it, go someplace else argument". It's naive and disingenuous to assume that companies will make workplaces better out the goodness of their hearts. Some will, most won't, and so have to be dragged kicking and screaming. Through - guess what - regulation.