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• Firms like this manage a large amount of capital but do so with relatively few employees. The actual loss to the Seattle economy is small. • They certainly s
by spanktheuser 6y ago
• Firms like this manage a large amount of capital but do so with relatively few employees. The actual loss to the Seattle economy is small.
• They certainly seem to want to threaten workers - unionize or otherwise show solidarity and we’ll punish you economically.
• The only sensible thing for employees to do is organize the labor it sells much as corporations employ managers,
incentive and process to organize the labor they purchase.
• If successful, labor will be eventually be in a position to punish firms and locales that undermine labor power.
If this comes to pass, it shouldn’t be too difficult to raise Cole Smead’s costs until the firm isn’t viable. From a game theory perspective, this sort of tit for tat is the only sensible way to bring about a mutually beneficial equilibrium.