3 ms·
Companies are vehicles for accumulated wealth and power for the ownership class. Labor, on the other hand, has very few vehicles to accumulate their wealth and
by simple_phrases 7y ago
Companies are vehicles for accumulated wealth and power for the ownership class.
Labor, on the other hand, has very few vehicles to accumulate their wealth and power. In fact one such vehicle, the union, is often legally neutered such that private contracts made between unions and employers can be nullified in favor of the ownership class (see: right-to-work laws and union security agreements).
There's an inherent asymmetry of power between labor and the ownership class enshrined in both law and contemporary markets. We live in a nation started by the wealthy merchant class, for the wealthy merchant class, and it shows in our labor history.
So, yes, there are competing forces that are very unequal. You as an individual engineer will have little clout against, say, an industry-wide anti-poaching agreement like we saw in the High-Tech Employee Antitrust case.