4 ms·
Adding a union might net workers who join it higher pay in the short term, but who's to say that they aren't missing out on significant wage increases in the lo
by chatmasta 3y ago
Adding a union might net workers who join it higher pay in the short term, but who's to say that they aren't missing out on significant wage increases in the long term? You'll never see that counterfactual, and as a union gains momentum, it becomes increasingly unlikely we'll ever know how the workers might have performed without the union.
- maximinus_thrax 3y agoInteresting apprach, This makes sense and I wonder why people aren't talking more about it. I have a suspiction that companies would be paying people way more money if it wasn't for the pesky unions. This is also the reason why companies fight tooth-and-nail against unions. They do it out of kindness for the workers, so they are able to pay the workers more in the long run. People need to talk more about this, it's called corporate kindheartedness.
- tomrod 3y ago> but who's to say Economic theory, strategic behavior, and repeated observations through history (leading to the genesis if unions).
- deleted 3y ago[deleted]