Posts tagged property rights
The Faster Labor Contracts Act disempowers workers
June 1, 2026 // The bill’s most obvious defect is its egregious misnaming. Whatever is produced by statutorily compelled arbitration cannot be correctly characterized as a contract at all. A contract results from parties negotiating, compromising, and voluntarily agreeing to terms each can accept. That process is precisely what gives contracts legitimacy and durability. The Faster Labor Contracts Act abandons that principle. Under its framework, if the parties fail to reach agreement within the prescribed period, federal arbitrators impose terms neither side may actually want. This is not a contract; it is coercive government regulation.