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I've noticed unions to have that affect as well. While it's undeniable that they have a role, historically, they all ultimately seem to make their parent indus
by throwauwer4545 6y ago
I've noticed unions to have that affect as well.
While it's undeniable that they have a role, historically, they all ultimately seem to make their parent industries incompetent and completely out of touch with the market until the point that they eventually to go belly up and are sold off (not sure about the causation here).
American Automakers, Indian PSUs and the state machinery, stand out in particular in my memory.