Open Labor Market Regulations from a Moral Scope. The Possible Harm of not Looking Beyond the Domestic Threshold of Justice

Abstract

This article discusses the limitations of conducting an analysis of the morality of public policies solely under the lens of domestic considerations. To make this point, I focus my attention on a very promising public policy recently proposed by Robert Hockett called the Open Labor Market Operations. The proposal seeks to recognize labor and wages as core parts of the economic system and, therefore, worthy of a special type of regulation. This regulation, he argues, is justified in economic and moral terms. The second type of justification concerns me. I contend that it is necessary to change the way of evaluating morality of a policy from a domestic to a global perspective, since implementing such a policy in a country like the United States could be detrimental to other parts of the world -like Mexico- due to current global market conditions.