Quote:In a free market people are not chained to poverty what keeps people on poverty is a lack of options. Employers would have to compete for good workers the only way to compete would be better wages. Inevitable you will always have some level of poverty but if you look at economic curves poverty in nations closer to free market are better off than anywhere else.


It's not that I deny companies would try and keep wages low it's that I believe in a free market the individual would have more options, competition for employment.

 

Employers would only have to compete for competent workers, not good workers.  Consider for a moment how workers in this nation were once treated, and how workers in China have been treated.   Businesses aren't going to consider what's best for their employees.  They're only going to consider what's best for them.  


And of course you'd have a major drop in wages for unskilled labor, which would contribute to a weaker economy because those people would have less buying power.  Most people in poverty also don't have the skills to work the skilled jobs.  Nor do they have the connections.  Now a days it's not what you know, it's who you know to get a job -- and what you have already done.  Everybody wants experience, and the problem is you need experience to get experience.  


I think the free market wouldn't fix things quite as well as it would in theory.  

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