Earlier quoted context omitted.
> And that's fine too. The $12 profit is appropriate compensation for the person investing their capital into a capital starved sector of the economy. That compensation is incentive for others to invest in that sector. This doesn't address the imbalance of power between the job seeker and the job provider. The job seeker is still at a disadvantage in the relationship. We're talking externalities, not the efficiency o…
>>The job seeker is still at a disadvantage in the relationship. They are not at a disadvantage. Whether the job seeker is dealing with a small business looking to hire someone, or a large corporation looking to hire someone, they have the same power to walk away if the job offerer doesn't offer the best terms on the market. It's as simple as that. You're getting stuck on some trope about "imbalance of power" and are…
So you're saying that a blanket rule to make contracts that involve selling ones-self into slavery makes sense? Or that there are certain circumstances in which selling oneself into slavery is alright, and so it should be adjudicated by the court on a case by case basis?
How even could someone who is a slave (and therefore likely limited in their movements) petition a court?
> A court would find an argument that what a person agreed to a decade earlier cannot bind the person they are in the present
People sign contracts for more than 10 years all the time (mortgages, as an example). You saying we can just back out of those?