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There should be no unions because the base premise of a union (monopolizing labor supply to force higher prices) is straight up monopoly abuse in the exact same
by snapplebobapple 2y ago
There should be no unions because the base premise of a union (monopolizing labor supply to force higher prices) is straight up monopoly abuse in the exact same way any other monopoly/oligopoly is. the end result is the same (higher prices, lower output, smaller pie for us all to split, dead weight loss).
your 2 wrongs make a right argument is something I am sympathetic to but don't agree the solution is a union. The solution is identifying the monopsony being abused to push their wages down and fixing that or recognizing there is no monopsony abuse and their labor is actually that low value and looking for ways to shift some of that low value labor into higher value positions via a number of policy tools (retraining, relocation, etc).