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You'd think Hospitals would want to strip the AMA of its power in order to lower worker wages. Health care wages are unusually high in America, though that's tr
by JMTQp8lwXL 6y ago
You'd think Hospitals would want to strip the AMA of its power in order to lower worker wages. Health care wages are unusually high in America, though that's true of other fields as well. Compared to technology, however, the regulatory environment is mostly the same: yet SWE's in America are paid a premium (even without a group formalizing 'who' can be a SWE).
- nickff 6y agoIndustry-wide unions like the AMA, UAW, and Longshoremen help to maintain a tacit price-fixing (as everyone is subject to the same price floor on their major expense), which can be very convenient for large, established players.