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by Spivak
891 days ago
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I don't know why you're being downvoted. Strong labor protections and a generous social safety net with the goal of making it so that being fired isn't the end of the world would be a huge net positive for the labor market. Guilt free firing means you can allocate labor efficiently where it's actually needed specifically because you're not dealing with people's livelihoods. And right now our social safety net for situations like this is built into unemployment insurance, we should expand it. |
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All the collectivist projects ("safety nets") are just shifting liability/cost/risk from one part to another at the extreme detriment of the system a whole.
Its causes massive distortions and disincentives. In the case of collective bargaining and labor protections, I'll speak about my country, the UK. These laws have crippled the country, especially as of recent.
Its so sad to see a nation that used to be full off dynamism, ingenuity and so much life now turned into a lifeless bureaucratic hellscape..