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I agree with you on the incentives part and that's also why I'm apprehensive about public unions. I'm uncomfortable with the idea of a civil "servant" being abl
by bumby 5y ago
I agree with you on the incentives part and that's also why I'm apprehensive about public unions. I'm uncomfortable with the idea of a civil "servant" being able to strike and remove services, particularly those the government has a monopoly over. I'd like to think a democracy has better mechanism to manage civil servant disputes.
But I disagree that it's "virtually impossible" for unions to have the right incentives in the private sector. I previously worked in the automotive sector and the unions were incentivized to come to the table and adjust their previously agreed upon contract for the feasibility of the business back during the financial crisis. They knew if they took too hard of a line, it meant the company would not survive and that contract was worthless. Public unions, it seems, are a different animal though.
- injb 5y ago> But I disagree that it's "virtually impossible" for unions to have the right incentives in the private sector Yeah, I might have gone too far with that statement.