As a philosophy, Objectivism has nothing to say about worker's compensation in particular. However, I think the operative principle is individual rights. Objectivism holds that individuals and companies (by extension, since a company is a group of individuals) have the right to trade freely with others. This means having the choice to either offer or not offer worker's compensation as part of their employment agreement. Workers, for their part, are free to refuse to work for a company which doesn't offer such terms. The government has no place to require or prohibit such a practice.
answered Feb 04 '13 at 02:21
Andrew Miner ♦