by that and with 50 years of observation it seems quite clear that men unless restrained will abuse other men... they will work 8 year old children 12 hours a day... they will pay women 1/3 that of men for the same job (notice I said same not equivalent)... they will house workers in shacks, they will toss out an injured man and replace him with a healthy man... an old man for a young... they will build for themselves golden mansions in pristine locals,and they wil do so thinking all the while that they are moral men
No I am no Marxist but neither am I a full throttled Libertarian either.
Libertarians don't subscribe to complete a laissez-faire economy. Ayn Rand is probably the most associated with a laissez-faire economy. Milton Friedman in his book "Freedom to Choose" explains that some key government law and regulation is necessary. Child labor laws enacted in most states over 100 years ago, and many large corporations had already instituted some restrictions on child labor. Our legal system has had an influence on what industry can do on the workplace. It makes economic sense for a company to have a safe workplace and keep its people healthy. It needs to recruit workers, and pay is only one element in being able to attract workers. There are always criminals out there in every field.