Jim Devine writes:

"what David misses is that a power imbalance exists in employer/employee 
relationship (usually, even if the latter has a union)."


NOOOOOOOOOOOOO!!!!!!  That kind of comment drives me nuts.  I may disagree that 
there is a power imbalance, or I may disagree that a power imbalance is a 
meaningful concept, or I may disagree that the power imbalance is relevant or 
is a bad thing.  It is not that I don't know about or ignore the issue.   For 
example:

1.  I disagree that there is inherently a power imbalance in favor of 
employers.  If there were, employers would not spend a lot of time recruiting 
and trying to retain employees, which they do.  Employers would not pay a penny 
over the minimum wage, which they do.  Worker relationships are terminated far 
more often by quitting than firing.  Employees have the power to screw 
employers by quitting for a better job, and they do.  
2.  "Power" is a very ephemeral concept.  Power to do what?  These are 
difficult philosophical issues.  How do I test the hypothesis in context?
3.  Without the power to do something, nothing gets done.  There is nothing 
wrong with having power.  The employer/employee relationship reflects a 
division of labor that increases productivity, which is recognized by both the 
employer and employee, and it is the rare employee who frets a moment about the 
power of the employer.   The employee is more concerned about whether the 
employer is doing its job, not that it has more power.
4.  What is an issue is whether the power is utilized wisely.  And this is 
where we get back to the libertarian answer, which is that the potential 
problems that may arise in the employer/employee relationship are better 
handled by contract and reputation, as opposed to the coercive power of the 
state, even if the employer has more "power," however defined.

David Shemano
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