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I've seen what large unions can do (just search for some of the largest Mexican unions, like the PEMEX one). Any organization of a certain scale and power gets
by fgonzag 5y ago
I've seen what large unions can do (just search for some of the largest Mexican unions, like the PEMEX one). Any organization of a certain scale and power gets corrupt, including private companies and unions.
I strongly believe in unions, but I agree with OP that keeping them small and focused is better for both the interests of the company and the employees. Extreme power imbalances are seldom (and I'd dare say never) good. I've seen unions effectively bankrupt business during tough times. I've also seen what unchecked corporate power can do. The right mixture of regulation and collective bargaining is a good thing, but like always, too much of a good thing can quickly turn bad. As an example, you can end up overprotecting unproductive or counter productive employees, reducing bonuses and pay for the other hard working employees because of reduced profitability.
- bjourne 5y ago> Extreme power imbalances are seldom (and I'd dare say never) good. I've seen unions effectively bankrupt business during tough times. Please be specific.
- coredog64 5y agoInterstate Bakeries. They opened their books to multiple unions and (IIRC), all but one agreed/realized that the money wasn’t there for the demands being made. That one holdout was the coup de grace and IB went bankrupt only to be bought out by some Mexican conglomerate.
- bjourne 5y agoThe question was directed to fgonzag and about what they had seen. Have you actually seen this happen to Interstate Bakeries or have you read about it in a paper?
- lamontcg 5y ago> Any organization of a certain scale and power gets corrupt That's the problem. And why you need the four pillars of human organization: Corporations, Government, Religion and Unions to be setup to be opposed to each other. Instead in the United States Corporations own the Government, Religions are all tax sheltered Corporations and Unions are decimated.