From Critiques Of Libertarianism
There is a huge literature on the known harms of sweatshops, but these are usually excused by theoretical benefits. Now literature is appearing that shows the supposed benefits aren't really there.
- Everything We Knew About Sweatshops Was Wrong [More...]
- "People who worked in agriculture or market selling earned about as much money as they could have at the factory, often with fewer hours and better conditions. We were amazed: By the end of a year only a third of the people who had landed an industrial job were still employed in the industrial sector at all."
- Good Jobs versus Bad Jobs [More...]
- Minimum wages and unemployment benefits shift the composition of employ- ment toward high-wage jobs. Because the composition of jobs in the laissez-faire equilibrium is inefficiently biased toward low-wage jobs, these labor market regulations increase average labor productivity and may improve welfare.
Until unemployment no longer holds out the prospect of death or dishonor every employment contract is made under duress.
Dale Carrico, "Dispatches from Libertopia: An Anthology of Wingnut Chestnuts and Democratizing Remedies"