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>regulations over business which prevents monopolies and market distortions, along with much stronger unions monopolies can be the "natural" outcome of market
by kwere 3y ago
>regulations over business which prevents monopolies and market distortions, along with much stronger unions
monopolies can be the "natural" outcome of market forces or economic realities. Like having the best product by far or owing the only possible railroads tracks. The solution would be to cap ownership/voting rights to make shareholding as decentralized as possible and having a progressive tax rate on ROA or similar metrics
Unions have shown time and time again to not be able to scale efficiently, shifting power from the "people" to the secretariat when becoming a mass organization. Secretariat that engage in political squabble to enlarge its own power and those of its associates. Unions become a tool for societial corruption.
I consider also the concept of antagonistic union a somewhat relic of the past (at least in europe) and will much more appreciate organizations acting more like consortiums of workers and getting consulative seats in the boards of the target industries akin to german unions
- Kbelicius 3y ago> Unions have shown time and time again to not be able to scale efficiently, shifting power from the "people" to the secretariat when becoming a mass organization. Secretariat that engage in political squabble to enlarge its own power and those of its associates. Unions become a tool for societial corruption. Isn't this true of corporations or any other mass organization? Unions, AFAIK, are at least democratic.