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A comment on Dockworkers at ports from Maine to Texas go on strike. Parent comment

Re:Dockworkers at ports from Maine to Texas go on strike by jampekka on Tuesday October 01, 2024 @02:17AM (#41705139)
Banning slavery caused dead-weight loss. Market clearing price for commodified labor is minimal sustinence.
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Re:Dockworkers at ports from Maine to Texas go on strike by charliea0 on Tuesday October 01, 2024 @02:57AM (#41705372)
Slavery is horrifically evil. Ending it freed 4 million people from daily robbery, abuse, and a life of subsistence poverty.

Banning slavery eliminated massive dead weight loss. Slavery used violence to force labor from people below the clearing price - it compelled them to work for free.

All liberals should oppose slavery. We should want free people, free markets, and a generous social safety net for all.

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Re:Dockworkers at ports from Maine to Texas go on strike by jampekka on Tuesday October 01, 2024 @03:01AM (#41705408)
Social safety net causes deadweight loss.

To be clear: I'm not for minimizing deadweight loss because free markets are horrible for humans. Free markets don't care about human suffering.

Regulated markets can be OK, but then you shouldn't talk about free markets or deadweight losses.

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