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There was an article that I can't find right now about European union practices. Create a union for an entire industry and then leverage union scale to push for

There was an article that I can't find right now about European union practices. Create a union for an entire industry and then leverage union scale to push for government regulation that impacts the entire industry. I'm sure it would be imperfect, but you have to do a solution like that because if you don't, companies will see unions as a competitive disadvantage and prevent them. The biggest problem is that I and many others see unions as short-sightedly protecting workers while their companies and industries die around them. The last real bastion of union workers in the US is the government and no one is calling their employment model effective.

ace_of_spades 8y ago
I totally agree that there are two sides to this coin. On the one hand, you need to involve or support people who are negatively affected by changes (e.g., unions, co-ops, etc.) and, on the other hand, there needs to be effective regulation and decision making in the interest of the overall system of people (e.g., countries or the world). It’s important to look at both of these sides when considering solutions, I guess I didn’t really do this in my comment. So thank you for this important insight! To offer some additional thoughts on this, I can recommend the thought provink book Radical Markets by Eric Posner and Glen Weyl. They present quadratic voting (next to some other ideas) as one means of arriving at better regulatory outcomes. To me it’s not a complete or perfect solution but certainly interesting and maybe one piece of the puzzle :)