The disagreement is merely over which side of that line arbitration clauses fall on. I happen to think that the right to have your grievances heard in court should be considered fundamental and inalienable.
I've always wondered about the logic of the certain faction who wants to roll back basic protections of the rule of law to some fraction of society. Or actually, I get it - they always believe that they're in the fraction that will come out ahead, and can co-opt the enforcement mechanism to do their bidding. But I think a lot of these same interests underestimate the degree to which they depend upon the norms of functioning democratic society. Also common to high-corruption societies is the need to hire private security & intelligence forces to prevent a disgruntled rival from offing you and your whole family; are the new corporate oligarchs willing to go there, and live in that fear just so they can make more money?
That may well be true for some of the population, but I saw a large portion of employees whose viewpoint was, "Why wouldn't I do this? The company doesn't even pay me enough to live". I saw many times where it only took one bad week where someone went hungry for a few meals before they started stealing food or medicine. It won't take much for that viewpoint to spread as more and more people get pushed into the "have nots" group instead of the "haves"
Am I missing something? There's a huge difference between negotiated wages between two parties (one being a union), and a law mandating a wage.
It's not stupid. We are watching this happen. If you think companies should be free from any of this regulation or even discussion about their practices then you are free to go to Somalia and live in a regulation free utopia
Firstly, apology accepted. Easy mistake to make.
Secondly, I just can't see us letting things go that far. We'll have to agree to disagree with that.
I do agree that binding arbitration clauses are terrible, and I accidentally put myself in a position where I had to sign one at my last job. We had worked out terms, and a start date and I quit my old job before I saw the employment contract. I went through and made edits, and the CEO was open to negotiating on it. There was a problem with their IP ownership clause he happily fixed, and if I wanted to, he was willing to get his lawyer involved in the removal of the arbitration clause. I let it go though because I would have been jobless if he decided I wasn't worth it.
The problem though is, how do you strike a balance between leaving people free to make economic decisions they deem in their interest vs being taken advantage of by predatory contract agreements? Arbitration and non-competes are bad, but I'm happy to agree to them...for a price.
I feel like you've lost sight of me simply taking objection to this histrionic idea of companies forcing people to work for them for 1c/hr. It's never going to happen, and you don't have to be a Somali pirate to see how absurd this argument is.
I've put forth no other argument about anything, regulation or otherwise.
Combine this with other controls on workers, like companies getting a say in whether or not you get unemployment, and workers are being forced more and more into a choice of do what the companies say or starve. I don't see how this doesn't end with virtual slavery like being forced to work for 1c/hr but you stand here and say its stupid and hyperbolic.
I admit that I did assign you a position you never stated. I have mostly seen arguments against discussing issues like this come from die hard libertarians who think there should be no sort of government interference in agreements between employees and employers and I made an assumption about you without evidence, for which I apologize
So, what happens when a worker signs such an agreement and it is upheld under arbitration?
That's pretty glib and misses the point: labor laws like the minimum wage exist for a reason. The tl;dr is that the free market didn't solve the problems the laws were meant to solve 100 years ago, and the free market isn't going to solve them now (if the GP is corrected and forced arbitration gives employers a way to bypass the laws).
If so, your definition of freedom is terrible.
That concern is weighed against other considerations, including whether or not to allow society to coerce individuals into degrading situations.
Law -- like any other human construction -- is about trade-offs.