4 ms·
Oddly, in countries with strong sectoral bargaining, there is less government intervention, because the unions work things out directly with the employers. IMO
by notJim 6y ago
Oddly, in countries with strong sectoral bargaining, there is less government intervention, because the unions work things out directly with the employers. IMO that solution is better in the end, as the unions and employers are better positioned to understand the issues than the government is.
Of course for any of this to work, you need strong institutions, and ours in the US are very weak IMO. But that just means we need to keep building, not give up.
- pmiller2 6y agoThat's a good point. A perfect example here is that Denmark has no minimum wage.