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Do You Agree with Steve Horwitz or Milton Friedman?


Do you agree that people should not be permitted to work for capitalists?

Theodore Burczak (Socialism after Hayek, p. 112) writes:

It is unjust for people to sell their labor time: not only do the people have a natural right to the product of their labor, they also have an inalienable right to their labor time, a right that should not be transferred even with consent.

Workers should not be permitted to cede to a capitalist both the legal responsibility for the firm’s output and the liability for their labor time.

Steve Horwitz (Reconciling Hayek and Socialism, p. 9) writes:

Labor-managed firms themselves are not antagonistic to the market economy. Even if other forms of employment contract are not legally permitted, such firms still exist in a market context where competition and profit and loss determine their success or failure.

Or do you agree that people should be free to work for whomever they want to?

Milton Friedman (Free to Choose, p. 66) writes:

An essential part of economic freedom is freedom to use the resources we possess in accordance with our own values – freedom to enter any occupation, engage in any business enterprise, buy from and sell to anyone else, so long as we do so on a strictly voluntary basis and do not resort to force in order to coerce others.

In my Critique of Burczak Socialism after Hayek I write:

The classic example of property that people “own,” in the sense that their name is on the deed, but do not actually own, is rent-controlled apartment buildings.  The “owner” cannot rent it at a fair price but, under penalty of law, he must maintain it lest he be fined for safety violations.  Burczak would put common laborers in the same predicament.  They would “own” their labor ability but, under penalty of law, they cannot hire themselves out to capitalists.  Since they must maintain their labor ability (feed, clothe and house themselves), they are forced to work for one of Burczak’s labor-managed firms.  Basically, this is slavery.

Click here if you are not sure what Steve Horwitz means when he says, “other forms of employment contract are not legally permitted.”