Voluntary Slavery and the Limits of the Market
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
