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by sarchertech
2828 days ago
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There have been centuries of philosophical debate on this subject. I don't think anyone who seriously looks at the topic is leaving out risk. The argument (outside of Marxist circles) is more to do with whether business owners are being overcompensated because owners are able to exploit the market failures of the labor market--information asymmetry, power imbalances, quasi monopsony positions, government assistance for low paid employees etc... There are also arguments about whether owners are being overprotected from risks by relatively recent concepts like limited liability (and more direct forms of corporate welfare), and arguments that workers aren't really in a zero risk position. |
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