Re:The New Yorker has formed a union
by harryh on Wednesday June 06, 2018 @05:05PM
(#17251122)
Individuals might prioritize personal outcomes over market outcomes, but societies and governments should prioritize the latter.
[ Parent
| on HN ]
> but societies and governments should prioritize the latter
Societies should prioritize according to their values. I don't think that maximizing GDP is a universal value.
Yeah. The consumer optimum is heavily exploited workers, as that drives labor costs down as much as possible. We're looking for a reasonable balance, so the value created by labor is shared between consumer, producer, and the many other people in the value chain.