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A comment on Hawaii Bans Non-Compete and Non-Solicit Clauses in High-Tech Employment. Parent comment

Re:Hawaii Bans Non-Compete and Non-Solicit Clauses in High-T... by dredmorbius on Thursday August 06, 2015 @01:24AM (#10014687)
It's less that capital is more important and more that it's inherently more concentrated, and hence, more capable of expressing its political will.

A dynamic pointed out quite explicitly by Adam Smith in Wealth of Nations.

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Re:Hawaii Bans Non-Compete and Non-Solicit Clauses in High-T... by mathattack on Thursday August 06, 2015 @10:27AM (#10016648)
There's an economics term for this, though I'm spacing on the name. It's the same reason the taxi lobby is so strong - it's a subset of 1 issue voters with concentrated financial support of key issues. It's also behind why tax loopholes are so hard to close - a small subset cares a lot, but the masses less so.
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Re:Hawaii Bans Non-Compete and Non-Solicit Clauses in High-T... by dredmorbius on Thursday August 06, 2015 @07:07PM (#10020028)
There are several. Smith noted Hobbes's truism: wealth is power. You might be thinking of the logic of collective action, Mancur Olsen.
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Re:Hawaii Bans Non-Compete and Non-Solicit Clauses in High-T... by mathattack on Thursday August 06, 2015 @11:18PM (#10020790)
Yes - Mancur Olson it is. Thanks! It's more subtle than just Wealth is Power, as it also explains some counterintuitive results.

https://en.wikipedia.org/wiki/The_Logic_of_Collective_Action

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Re:Hawaii Bans Non-Compete and Non-Solicit Clauses in High-T... by dredmorbius on Saturday August 08, 2015 @01:42AM (#10026469)
Quite. A personal fave.
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