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> You find it unusual that companies in less competitive markets would collude? They're the only ones who can, because otherwise there are too many entities to
by acituan 6y ago
> You find it unusual that companies in less competitive markets would collude? They're the only ones who can, because otherwise there are too many entities to coordinate.
I agree that it was simply easier to coordinate as a function of low number of agents in the game. But I doubt the convenience of it was the motivating factor.
> They're also not the first country that comes to mind as a place to hire software engineers.
They don’t come to mind for anything, because they are a very small country. Yet they have the ICT giant Nokia (which is not just the phones). Still with high unionization. In fact, after Nokia sold its mobile division to Microsoft, there has been an influx of ICT companies to Finland to capture the newly unemployed talent.
I take your point regarding culture and other contextual variables, but there is hardly an macroeconomic reality that makes unions unworkable as you generalized.
- AnthonyMouse 6y ago> I agree that it was simply easier to coordinate as a function of low number of agents in the game. But I doubt the convenience of it was the motivating factor. Well of course the motivation was to suppress wages so they could make more money. All companies have that incentive. Which is why that's illegal independent of unions -- it's an antitrust violation. > I take your point regarding culture and other contextual variables, but there is hardly an macroeconomic reality that makes unions unworkable as you generalized. Let's put it a different way though: Do union software engineers in Finland get paid more or less than non-union software engineers in San Francisco? Because it's possible for a union to make its workers globally competitive by accepting lower wages to offset the cost of dealing with the union, but that's obviously not what we're after, right?