Proof right-wing does not = pro-market, example #32354645

The following was in comments under a web article earlier about U.S. labor organization:

Employees want to get paid as much as possible for as little work as possible.  Business owners want to pay employees as little as possible for as much work as possible, and spend as little on other inputs as possible while getting as high an asking price as possible from the resulting product or service.  Suppliers of those other inputs want as much money as they can get for as little effort on their end as they can muster.  Consumers want to pay as little as they can to get as much as they can.  The mechanism by which all these preferences are hashed out is called a “market”.

This comment probably came from a knee-jerk “screw the libruls!” sentiment.  Yet, how is a market supposed to function when one of the participants is expected to fall on their sword?

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About b-psycho

Left-libertarian blogger & occasional musician.
This entry was posted in economics, random shots. Bookmark the permalink.

One Response to Proof right-wing does not = pro-market, example #32354645

  1. Man, don’t try and make it all so complicated. When people queue up to apply for promising entry-level jobs as bank tellers or shit-shovelers (or both), we should encourage them to repeat the phrase “rugged individualism” under their breath as many times as possible. By the time they get to the front of the line, they’ll be random, I mean Randian, super…

    Oh, wait. No.

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