Principles of Compensation
(Dee Speaking)

 
 
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Dee

I think you are too quick to assume that a program of compensation is needed to put black people where they would be if fair play had been the rule all along. That's not obvious at all.

Remember what I was saying before about private property rights. I know you disagree with me on that. But consider this: What if a free labor market, with no law against racial discrimination, were sufficient to make blacks whole in a modest period of time? I'm just asking you to think about it.

IF THAT WERE TRUE, compensation would be unnecessary. The real compensation program would be a free market.

Reference: For an elaborate treatment of anti-discrimination law from the libertarian point of view, see Richard Epstein's Forbidden Grounds. Dee's view is similar to Epstein's.

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