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When there's an oversupply of employees, they are not in a good position to set such requirements: they cannot NOT work. That's why unions are needed. But the
by unglaublich 5y ago
When there's an oversupply of employees, they are not in a good position to set such requirements: they cannot NOT work.
That's why unions are needed. But the US has declared them "enemy of the state".
This holds for all essential services: housing, medical services.
These are no real 'free markets', and if not regulated, suppliers can raise prices as much as they want, which will further exaggerate the gap between low- and upper-class.
That's why regulation is needed. But the US has declared regulation the "enemy of the state".
That's why the US is a "free country" in its most literal sense: if you can't make it, you are free to rot away.
- vladvasiliu 5y agoI'm not completely convinced by the lack of regulation argument. I live in France, where unions are a thing, there's a minimum wage, plenty of regulations for everything. But I still see the same issues. The middle class is disappearing, income inequality rises, people can't afford to buy a shoebox to live in, etc... But there are also the same exact issues GP complained about: moving of industry to Asia / Eastern Europe / North Africa, outsourcing of services to the same (think call centers), money printing like there's no tomorrow, financialization of housing. Unions can only do so much. At the end of the day, if the factory closes to move two countries over, union or no union, you're still out of a job. So short of introducing tariffs or outright banning commerce with other countries, there's not much the government can do.
- unglaublich 5y agoYes, you can't buy a house because rich folks are buying all real estate in cities to rent out. It's the same everywhere, and it would need to be regulated imo. But it won't, because poor people vote like they're rich. Unions can do so much. And the consumer can do the rest. We can choose to buy from companies that we trust. For example, in the clothing industry there are more and more companies that solely produce in EU countries. Same holds for electronics, food, etc. If we, workers, consumers, voters, would work together and think a bit more before we work, buy, vote we could change a lot.
- vladvasiliu 5y ago> If we, workers, consumers, voters, would work together and think a bit more before we work, buy, vote we could change a lot. Sure. The issue, though, is that people are very price-sensitive because of the above reasons. So retailers bring in the cheaper off-shored products, and the cycle continues. I think this could be regulated, but it would go against the various free-trade agreements. Which means that maybe we should rethink those.