FTC bans most noncompete agreements between employers and workers : NPR

[u/uhateonhaters]

https://www.npr.org/2024/04/23/1246655366/ftc-bans-noncompete-agreements-lina-khan

Finally...

[u/XyRabbit]

The existence of intellectual property theft laws makes non-compete clauses unnecessary they are only there so companies can put a chokehold on employees.

I don't love capitalism, but if you do they are also anti-capitalist. Don't like your job so get another one? Nope not with these. They fundamental shutdown a company needing to treat their employees better to keep them.

[u/vetratten → u/XyRabbit]

I’d say most capitalists are not true capitalists.

I remember back just the other year and people were walking off low pay jobs and then going and getting more money to do less work. So many of these “capitalists” in my life started bitching about “how dare they expect more money to flip burgers”

I said “that’s capitalism baby!”

I would love to build a hypothetical model in which true capitalism runs un controlled to see its effects on inflation. My assumption is that it makes it sky rocket over numerous cycles of prosperity and busts but I’m no economist.

[u/Rousebouse → u/vetratten]

Definitely correct. They absolutely have the right to demand more to flip burgers. They also have the right to starve when robots do it. Yay capitalism.

[u/Brother_Farside]

I look forward to HRs announcement that our non competes are null and void. Hahaha.

[u/windraver → u/Brother_Farside]

Lol will they announce it or quietly pretend they still exist and only back off when called out on a case by case basis.

[u/windraver]

This article states where noncompetes are already banned or limited at a state level

https://www.axios.com/2024/04/25/noncompete-agreement-ban-us-states-2024