Voluntary Slavery and the Limits of the Market

Debra Satz, Stanford University

Abstract

This paper considers the normative assessment of bonded labor from the perspectives of libertarianism and Paretian welfare economics. I argue that neither theory can account for our objections to bonded labor arrangements; moreover, they fail in interesting ways. Reflecting on their normative failures focuses us on other considerations besides individual choice and efficiency. Such considerations include: the effects of labor markets on workers' preferences and capacities; the exploitation of the vulnerabilities of the poor; and the permanent binding of one person to another.

Recommended Citation

Satz, Debra (2009) "Voluntary Slavery and the Limits of the Market," Law & Ethics of Human Rights: Vol. 3 : Iss. 1, Article 5.
Available at: http://www.bepress.com/lehr/vol3/iss1/art5

 
 
 
 

ISSN: 1938-2545 ©1999-2009 The Berkeley Electronic Press™ All rights reserved.

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