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Look at airlines and auto companies for the danger of extreme unionization. You can kill the goose that lays the golden eggs. Unions generally only work in mon
by mathattack 7y ago
Look at airlines and auto companies for the danger of extreme unionization. You can kill the goose that lays the golden eggs. Unions generally only work in monopolies (think old school telecom) where there is a surplus that is protected from competition. In this case it’s just about dividing a fixed pie.
The best thing for workers is to have many companies competing for their talents. That’s why counterintuitive things like lower corporate taxes can sometimes benefit workers. Same with reducing barriers to market entry.