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Regardless, labor unions would be a feature of any conceptualization of free markets I’ve ever heard of. In what sense is cooperation and organization not compa
by baddox 7y ago
Regardless, labor unions would be a feature of any conceptualization of free markets I’ve ever heard of. In what sense is cooperation and organization not compatible with a free market?
- erik_seaberg 7y agoIf an employer could negotiate with unions competing for a contract, the outcome might be a market-clearing price for labor. Enforce a monopoly for a single union, and the only possible responses are capitulate or leave, with outcomes that look like Detroit.