Liberate RVA

The True Function and History of Regulations

By Liberate RVA Updates On Thursday, February 26th, 2015 · Add Comment

“How do you combat the claim that without government there would be no regulation and companies would have people working for slave wages, long hours, etc?”

Your question assumes a few things, which must be addressed; that regulations function to protect workers, the existence of “slave wages” for those willing to work for them, and the historical reason regulations exist at all. Regulations protect no one other than the special interest groups who already have political ties to “government”. Through regulatory capture they are able to not only remain practically immune from the regulatory agency. This is known as sovereign immunity of the corporation. Moreover they are also able to virtually write the laws themselves to ensure their continued benefit from them in terms of squashing [...]

Read Full Article →

Minimum Wage and Workers

By Liberate RVA Updates On Tuesday, March 25th, 2014 · Add Comment

“In truth, there is only one way to regard a minimum wage law: it is compulsory unemployment, period. The law says: it is illegal, and therefore criminal, for anyone to hire anyone else below the level of X dollars an hour. This means, plainly and simply, that a large number of free and voluntary wage contracts are now outlawed and hence that there will be a large amount of unemployment. Remember that the minimum wage law provides no jobs; it only outlaws them; and outlawed jobs are the inevitable result.”

-Murray Rothbard in Making Economic Sense.

The idea that the minimum wage is harmful to many workers was hardly controversial up until about the 1990s. The reality is, though, that the minimum wage is not only disastrous for the employment of low skilled or inexperienced workers, but also a terribly inefficient means of solving the problems it is intended to [...]

Read Full Article →

The True Function and History of Regulations

Minimum Wage and Workers

Send Us a Message

Sign The Pledge

Join The Movement