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TLDR: Management has determined that current wages and working conditions are "good enough", and does not foresee that conditions might ever change to put worke
by car_analogy 5y ago
TLDR: Management has determined that current wages and working conditions are "good enough", and does not foresee that conditions might ever change to put workers in an even less favorable bargaining position. There is also the global race to the bottom to consider.
That this was written by "Diana Furchtgott-Roth, former chief economist at the U.S. Department of Labor", is worrying.
As a counterpoint, see the effect of unions in Denmark: https://news.ycombinator.com/item?id=28603398 https://news.ycombinator.com/item?id=28603398
- anemoiac 5y ago> That this was written by "Diana Furchtgott-Roth, former chief economist at the U.S. Department of Labor", is worrying. This isn't coincidental, FWIW. Our political and economic systems self-perpetuate by encouraging the concentration of power among individuals with views that reinforce that status-quo.