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More than fair? Fair is what the free market decides someone should be paid. And according to google, for private prisons “fair” is a median salary of $32,000/y
by mruts 8y ago
More than fair? Fair is what the free market decides someone should be paid. And according to google, for private prisons “fair” is a median salary of $32,000/year.
- maxehmookau 8y agoStrong unions are part of a sensible free market economy.
- mruts 8y agoWhat about unions that force dues to be paid even without membership? Are those part of a sensible free market? The Supreme Court recently overturned this, but for a long time unions just extracted monopoly rents from all employees whether they liked it or not.
- unionpivo 8y agoNot the sensible part. But still part of the free market. Just like the corporations that abuse their monopoly powers.
- unionpivo 8y agoUnions are part of free market. They optimize for benefits to their members, just as corporations optimize for benefits for their shareholders. And just as businesses who get to big can abuse their monopoly status, big unions can also have negative consequences. This is free market at work. Edit: Which is why free markets need sensible regulations, to keep abuses from happening
- metafunctor 8y agoUnions have special protection under the law, which means they are more of a regulated market than a "free market". It's government (or corrupted politics, depending on your viewpoint) all the way down, man.