November 13, 2006
...A system in which corporations own workers is the only free-market solution to African poverty, Schmidt said. "Today, in African factories, the only concern a company has for the worker is for his or her productive hours, and within his or her productive years," he said. "As soon as AIDS or pregnancy hits—out the door. Get sick, get fired. If you extend the employer's obligation to a 24/7, lifelong concern, you have an entirely different situation: get sick, get care. With each life valuable from start to finish, the AIDS scourge will be quickly contained via accords with drug manufacturers as a profitable investment in human stewardees. And educating a child for later might make more sense than working it to the bone right now."
To prove that human stewardry can work, Schmidt cited a proposal by a free-market think tank to save whales by selling them. "Those who don't like whaling can purchase rights to specific whales or groups of whales in order to stop those particular whales from getting whaled as much," he explained. Similarly, the market in Third-World humans will "empower" caring First Worlders to help them, Schmidt said....
