4 ms·
Doctors also have a union and for the most part aren't making nfl wages. I don't understand what makes people think that software engineers are so valuable tha
by edanm 4y ago
Doctors also have a union and for the most part aren't making nfl wages.
I don't understand what makes people think that software engineers are so valuable that they'd get wages that are multiples of doctors.
- specialist 4y agoScarcity is not necessary for leverage. Preventing defectors from collective bargaining is. The Logic of Collective Action explains the mechanics. https://en.wikipedia.org/wiki/The_Logic_of_Collective_Action https://en.wikipedia.org/wiki/The_Logic_of_Collective_Action It's basically game theory, by another name.
- philwelch 4y ago> Scarcity is not necessary for leverage. Preventing defectors from collective bargaining is. "Preventing defectors from collective bargaining" is also, more or less, the definition of what an economic cartel does.
- notfromhere 4y agoCompanies are an economic cartel for capital, but we’ve don’t take their existence as a controversy