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eli_sennesh comments on Open thread, Nov. 09 - Nov. 15, 2015 - Less Wrong Discussion

3 Post author: MrMind 09 November 2015 08:07AM

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Comment author: [deleted] 13 November 2015 03:42:33AM 1 point [-]

Whatever the case may be, the private sector often does things better and less coersively than governemnt. I wonder if kinds of government regulation could be replaced by enterprising individuals starting say a 'minimum wage of $20 across this organisation' type thing and compete on that basis for high quality employees or consumers?

In many countries, trade unions negotiate industry-wide wage agreements in the absence of national wage laws, but in the presence of anti-union-busting laws.