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Chiina is not a representative example because the invisible hand operates in free markets and China is a communist gov.


Early America is a good example. By todays standards we think that workers at that time had it very bad. But in comparison to settlers and pioneers and trappers and explorers and soldiers they actually had a life that was very comparable. The risk to a worker were about as great as the risk to many other persons.


Just prior to and during the industrial revolution conditions may have been equally bad when we compared workers to others but the conditions were bad BECAUSE the employers oppressed them. So lets talk about that. By then a free market was corrupted. The robber barrons and tychoons had the full cooperation of the US government to allow them to abuse people. And yet it was the actions of people forming unions that broke the abuse. The example proves that the self interest of the unions corrects the wrongs of the corporatists (by which I mean corporations that cooperate with government to manipulate the system).


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