Earlier quoted context omitted.
It's all about corporate entities with massive analysis resources using information asymmetry to offload risk onto individuals who are not in a position to understand what they are agreeing to. ETA: Yep, insurance costs are on the workers. From https://techcrunch.com/2017/06/01/walmart-begins-testing-usi... : Workers also have to submit to additional background checks, motor vehicle record inspections and provide pro…
This hits it right on the head. Wal-mart has all the data and resources to analyze it for efficiency opportunities. Not only that, they also have have the marketing muscle to "brand" this program internally and make it seem appealing to their lowest wage workers. Meanwhile, the average Wal-mart worker (many of whom are actually on food stamps and struggling to get by) has none of the resources or education or even ti…
I'd like to think that such an approach is compatible with a "left-libertarian" marketplace-friendly outlook.