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Arguably we have had the industrial successes we have because of the caution about unions. Unions definitely have incentives which hold back innovation and prod
by garmaine 5y ago
Arguably we have had the industrial successes we have because of the caution about unions. Unions definitely have incentives which hold back innovation and productivity increases (in the economic sense).
But also I didn't say union laws are bad. There are some specific industries/occupations in which unions are A Good Thing. What I said is that the laws we have around unions are really non-ideal and lead to worse outcomes for everybody.
- pjmlp 5y ago> Unions definitely have incentives which hold back innovation and productivity increases (in the economic sense). I happen to see it in other way. Then again, I surely wouldn't like to be on US during the McCarthy era.
- garmaine 5y agoUnions lead to innovation and an increase in economic productivity? How so?
- pjmlp 5y agoInnovation and increase in economic productivity are worthless when obtained via explotation of worker rights. Modern feudalism desiguised as innovation and increase in economic productivity of a select nobility.