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The theoretical reasoning behind unions is that they counteract the market power of companies over employees. If this market power assymetry doesn't exist (for
by RivieraKid 4y ago
The theoretical reasoning behind unions is that they counteract the market power of companies over employees.
If this market power assymetry doesn't exist (for example software engineers in San Francisco), unions are not beneficial to the society but at least slightly beneficial to the average union member assuming the union is making good decisions. Because more market power is always better than less market power. It's always advantageous to be a monopoly.
If you're a highly productive employee, the company doesn't have market over you, you can easily find another job. But this may be different for an average employee.
- dls2016 4y ago> for example software engineers in San Francisco Uhm... https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L...
- RivieraKid 4y agoNot sure what's your point.