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mtgex | 8 years ago
The corporate response to long hours and low pay is to put up suicide nets. In the U.S. we have minimum wage, hourly restrictions, break, and overtime laws.
You can't trust the market to weed out bad players when the bad players are the ones with enough money to buy public perception and government influence. You have to force them to do the right thing through legislation.
allthenews|8 years ago
You also seem to neglect that the government all over frequently takes advantage its position in ways that make things worse for society.
The thing about corporations, though, is that with minimal regulation, they can be forced to compete, and ultimately bad ones are orders of magnitude more likely to change or die than any given government. In fact I'd argue that a constant churn of negative companies is still better than some of of the worse tyrannical states that ever existed, by a large margin, because of the forces of competition.
mtgex|8 years ago
Corporations are not divorced from the people that run them, but the people that run them are divorced from the people they impact by their decisions.
Which countries are moving towards shorter workdays without government intervention?
Governments do frequently take advantage of their position. I do not dispute this.
We can prevent a constant churn of negative companies as well as tyrannical states. It's not an either or.