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by JumpCrisscross 1539 days ago
> it works just fine in reality

There are multiple equilibria. At-will favors agility.

On the other end of the spectrum we find economies where most of the workforce is informally or short-term employed and where new-firm formation is limited by employers' aversion to hiring and senior employees' reluctance to leave cushy jobs from which it is nigh-impossible to be fired.

> paraphrase a rather decent well and septic guy on TikTok

They are quoting Lee Iacocca.

1 comments

> agility

Potential agility at the expense of eroding an employees rights and upsetting their equilibrium. IMO - not worth it.

> On the other end of the spectrum we find

Which is not a symptom of requiring a reason for firing someone, it's a symptom of the employer making people irreplacable.

Something that happens today even at-will workplaces.