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Your comparison doesn't hold because stupid legal decisions aside corporations are not people. It would be like comparing throwing a broken appliance out to ex

by Teever 2y ago

Your comparison doesn't hold because stupid legal decisions aside corporations are not people. It would be like comparing throwing a broken appliance out to execution. They're superficially similar but that similarity is totally irrelevant. What is relevant is that the people of this region are coordinating to resist the behavior of a business that they consider to be unscrupulous. It appears that they are quite successful in this endeavor. Like it or not this sends a message companies who want to do business here - you can do business the way the people around here want or you can fuck off. As a person who isn't a corporation that's really refreshing to see.

snapplebobapple 2y ago
Whether corporations are people or not is irrelevant because the corporations are acting together to abuse market power at the behest of the people running the corporations to maximize benefit for the people running and owning the corporations, exactly like how the unions are acting together to abuse market power to maximize benefit for their members. All the businesses I mentioned could be unincorporated sole proprietorships and it would still be illegal on the business side and so yes it is still weird that it's legal and ok on the labor side. At the end of the day, in all examples, the mechanism is to corner the market in something and withhold it until price for that something is pushed above the competitive price shrinking the total benefit available and causing dead weight loss to society. The result is the same regardless of who is doing it. Less for everyone, artificially more for the group that cornered the market at the expense of literally everyone else. So I'll say again, it's weird that it's ok for labor to do this and not ok for companies. It should be not ok for everyone because it's universally bad (this doesn't mean there aren't other bad things corporations do that don't hit the threshold of illegality for market power abuse that we should also be trying to fix, it just says uncompetitively withholding is a bad method of trying to deal with those things)
- Teever 2y ago
  Any time you see someone more successful than you they're doing something you're not. From every metric I've seen the Nordic countries are doing great. So it sounds like they're doing what's working. When do you think this sort of collectivist behavior from the people of Nordic will backfire for them?
  - snapplebobapple 2y ago
    It's not correct to look at it as the basket of things a country is doing is correct or not because different policies have different effects that may be at odds with the effects of the individual policy you are talking about. The Nordics do a bunch of things right, this is not one of them.

by Teever 2y ago

snapplebobapple 2y ago

Whether corporations are people or not is irrelevant because the corporations are acting together to abuse market power at the behest of the people running the corporations to maximize benefit for the people running and owning the corporations, exactly like how the unions are acting together to abuse market power to maximize benefit for their members. All the businesses I mentioned could be unincorporated sole proprietorships and it would still be illegal on the business side and so yes it is still weird that it's legal and ok on the labor side. At the end of the day, in all examples, the mechanism is to corner the market in something and withhold it until price for that something is pushed above the competitive price shrinking the total benefit available and causing dead weight loss to society. The result is the same regardless of who is doing it. Less for everyone, artificially more for the group that cornered the market at the expense of literally everyone else. So I'll say again, it's weird that it's ok for labor to do this and not ok for companies. It should be not ok for everyone because it's universally bad (this doesn't mean there aren't other bad things corporations do that don't hit the threshold of illegality for market power abuse that we should also be trying to fix, it just says uncompetitively withholding is a bad method of trying to deal with those things)

Teever 2y ago
Any time you see someone more successful than you they're doing something you're not. From every metric I've seen the Nordic countries are doing great. So it sounds like they're doing what's working. When do you think this sort of collectivist behavior from the people of Nordic will backfire for them?
- snapplebobapple 2y ago
  It's not correct to look at it as the basket of things a country is doing is correct or not because different policies have different effects that may be at odds with the effects of the individual policy you are talking about. The Nordics do a bunch of things right, this is not one of them.