Nate Nelson takes issue with several points I raised in a post about the French labor riots. He uses my words as a springboard for other commentaries. Fair enough; Lord knows I've done that before, too. But the ideas that Nathan indirectly ascribes to me are not my own.
For one thing, I don't think that employers should be able to fire workers "for any reason without even providing a reason." In the U.S., employers cannot terminate someone for having black skin, for being a woman, or having other immutable characteristics. This seems perfectly fair to me.
But I do think that companies should have the flexibility to dismiss employees when they see fit. The alternative, as in France, is that a government bureaucrat will second-guess the dismissal and possibly even prevent it. The bureaucrat probably has no particular expertise in the company's industry, and no direct responsibility for the company's prosperity. Yet he may reject a cost-cutting layoff because the company did not demonstrate to his satisfaction that it was justified.
Smart companies do not fire people for trivial reasons. Layoffs are often a sign of a troubled corporation, and they devastate morale among the remaining employees. They will only undertake such a measure if they are convinced it is essential to their long-term survival. That is why smart companies survive, and stupid ones eventually die or stave off destruction by creating iPods.
The question of whether capitalist or statist economies are more effective at creating prosperity. France enjoys roughly the same standard of living as Alabama, which is a fine American state but not exactly an economic powerhouse. The countries that have adopted a free-market model are the ones on the rise -- the U.K, Australia, Ireland, India, etc. They are also the ones that offer the best hope for their poorer citizens to be gainfully employed. Merely observing those facts isn't "a glorification of laissez-faire capitalism."
Nate says that "Eric Johnson and other Catholic conservatives can feel free to correct me if I'm wrong" about us never having had a minimum wage job, or send our kids to crappy schools, etc. I'm not sure who else Nate is addressing, but as for myself, I started making minimum wage back in 1987 when it was $3.35 an hour. But like most other minimum wage earners, I soon made more, and also like most, I wasn't suppporting a family.
Productivity is the key to making the poor more prosperous. That usually means education, combined with diligence, prudence, and avoiding the social pathologies that are pandemic in poor communities (alcoholism, drug abuse, illegitimacy, crime, gangs). If someone's labor is worth more, companies can afford to pay him more.