The concept of a labour market is built on that some won't be able to compete. 100% employment isn't something that capitalism provides. You need a desperate underclass.
I think most ancaps are aware that there will be a desperate underclass, just that they think that is a good thing (survival of the fittest etc). Your mileage with them may vary though.
The concept of a labour market is built on that some won't be able to compete. 100% employment isn't something that capitalism provides. You need a desperate underclass.
I was writing from an ancap point of view, obviously.
I think most ancaps are aware that there will be a desperate underclass, just that they think that is a good thing (survival of the fittest etc). Your mileage with them may vary though.
Well you can provide it for a short period of time. Then you get the capital strikes and it all goes south