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> [...] he is suggesting is that startups could fix the inefficiencies in the market that unions have created. The problem is that fixing these inefficiencies w
by 6502nerdface 11y ago
> [...] he is suggesting is that startups could fix the inefficiencies in the market that unions have created. The problem is that fixing these inefficiencies would primarily benefit people like PG[...]
And perhaps the customers of the industry?
Edit: My point is that, assuming there are inefficiencies created by unions in a given market (as the parent does), then correcting those inefficiencies would be a positive externality for the market at large, i.e., it would benefit more than just the specific company or investors.
- EliRivers 11y agoDoubt it. Why would I give the customers a better deal when I could just take that money for myself? If I was the kind of guy who wanted to give the customers a better deal, I wouldn't be screwing over my employees.
- jdminhbg 11y ago> Why would I give the customers a better deal when I could just take that money for myself? Barring a monopoly situation, this isn't a choice you get to make.
- EliRivers 11y agoI wish I lived in this bizarre world of yours in which economics is a kind of frictionless, perfect implementation of a primary school level of economics. Sadly, I live in a world in which companies that do not have monopolies nonetheless don't make zero profit. Put down your happy-clappy-valley economic religion and look out of the window.