Reddit reviews The Oxford Handbook of Mutual, Co-Operative, and Co-Owned Business (Oxford Handbooks)
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> In a free market workers earn as close as possible to a fair wage for what they contribute, and capital earns a wage for what it contributes.
They earn in proportion to the amount of leverage they have and the ability to negotiate. That's it. The idea that "it's fair if you accept it" is fallacious if the alternative is to starve and earn nothing at all. By the same logic, taxation is equally applicable to them in the opposite direction.
> And the free market ensures we get the systems that provide the most value most efficiently.
Except that's untrue. The amount of waste from food production is tremendous, that owes to the fact people can't pay for it. The same goes with housing. The same goes with anything. Value here is expressed in terms of profit. What's unprofitable, doesn't get produced. That doesn't make what is profitable, efficient.
> Socialism coerces people to form contracts in a certain way that is inherently limiting>makes businesses less competitive>less efficient>worse products at higher costs>harms consumers and therefore harms workers, because all workers are consumers. Worse outcomes for everyone.
This is absolutely untrue. In fact, popular research indicates the exact opposite (here and here).