We propose that the packaging of mandatory binding arbitration clauses as a condition of employment masks the true price of these agreements due to a mismatch in the available leverage of firms and employees in many markets.
To increase the efficiency of the market for the waiver of legal rights of redress to wrongdoing by private parties, we propose that mandatory binding arbitration clauses as a condition of employment shall be prohibited and struck out as null and void. Binding arbitration agreements shall then be negotiated between employers and employees, offering material compensation, allowing them to float in price so that the market can work efficiently and determine the true price of cyberpunk dystopia.