3 ms·
That's a very optimistic view, and does not take into account the vast discrepancy in leverage between an employee and an employer.
by MereInterest 8y ago
That's a very optimistic view, and does not take into account the vast discrepancy in leverage between an employee and an employer.
- AmericanChopper 8y agoThat leverage only exists in non-competitive labor markets, which are almost exclusively low-skilled. That discrepancy can only arise when labor supply greatly outstrips demand. In such cases, you could make an argument that the disadvantages of the levelling mechanism are outweighed by the protection that unions provide. However, no matter where unions exist, they will always restrict individual contributors ability to advance their own careers, as well as their ability to seek remuneration appropriate for the value of their contributions.
- s73v3r_ 8y ago"That leverage only exists in non-competitive labor markets, which are almost exclusively low-skilled" That is flat out not true.
- AmericanChopper 8y agoIt absolutely is true. Employers cannot possibly have a disproportionate amount of leverage in competitive labor markets. what high-skilled markets do you believe are non-competitive? It’s certianly not software engineering, employers compete relentlessly for talent in this market.