News for hackers. Stuff that matters.
Re:Wal-Mart will pay employees to deliver packages on their ... by rectang on Saturday June 03, 2017 @12:59PM (#14477246)
> I don't buy the "people are blind idiots" narrative

That's like saying criminal defendants shouldn't have lawyers because they aren't "idiots".

The problem is that the negotiation between the corporation and the worker is skewed by information asymmetry. Furthermore, the cost of changing jobs is high, and the same negotiation disparities exist elsewhere.

Collective bargaining would address those concerns, as it allows workers to amortize the cost of analysis across all their transactions. But labor unions are a heavyweight solution.

It would be nice to see other suggestions from people who don't wave off concerns over information asymmetry as paternalism.

There are no comments on this comment yet.