Shouldn’t monetary concerns always take a backseat to the well-being of people?
That depends on your definition of “well-being,” as well as the severity of the financial risk. There’s a wide range between “literally risking your life” and “a little discomfort/inconvenience,” just as there is between someone mortgaging their house (risking financial ruin) and some VC tech bro risking other rich people’s money.
Any policy we come up with needs to be sensitive to those extremes. But in general, an individual’s ability to make decisions should be roughly proportional to the risk they’re taking.
many workers find themselves dependent on their employer for health insurance to afford healthcare
Yeah, that’s ridiculous, but it has nothing to do with employees having a vote. Ideally, benefits like health care should be completely separate from employment. Switching jobs shouldn’t change your coverage… Likewise, you shouldn’t be screwed on retirement savings just because your employer picked a bad plan.
That depends on your definition of “well-being,” as well as the severity of the financial risk. There’s a wide range between “literally risking your life” and “a little discomfort/inconvenience,” just as there is between someone mortgaging their house (risking financial ruin) and some VC tech bro risking other rich people’s money.
Any policy we come up with needs to be sensitive to those extremes. But in general, an individual’s ability to make decisions should be roughly proportional to the risk they’re taking.
Yeah, that’s ridiculous, but it has nothing to do with employees having a vote. Ideally, benefits like health care should be completely separate from employment. Switching jobs shouldn’t change your coverage… Likewise, you shouldn’t be screwed on retirement savings just because your employer picked a bad plan.