A social contract is a good thing, but I don't need a corporation. I can make a free choice.
Yet even if I like the concept of workers being compensated at their marginal productivity, it's a sad thing this choice will no longer exist for most of the people who are now graduating, and that entrepreneurship becomes a choice by default.
Diversity (as in having many choices - to work for a big company or for yourself) usually is a good thing.
Of course, you may still work for a big company, but if you know you are to be poorly treated anyway, while bother doing more than the bare minimum? If you have a good idea, why bother sharing its profits?
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A social contract is a good thing, but I don't need a corporation. I can make a free choice.
Yet even if I like the concept of workers being compensated at their marginal productivity, it's a sad thing this choice will no longer exist for most of the people who are now graduating, and that entrepreneurship becomes a choice by default.
Diversity (as in having many choices - to work for a big company or for yourself) usually is a good thing.
Of course, you may still work for a big company, but if you know you are to be poorly treated anyway, while bother doing more than the bare minimum? If you have a good idea, why bother sharing its profits?