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Perhaps. But that's cold comfort to someone who doesn't have a job because the company went out of business. You would have to be an enormous asshole to say "it
by bigstrat2003 11mo ago
Perhaps. But that's cold comfort to someone who doesn't have a job because the company went out of business. You would have to be an enormous asshole to say "it'll result in a better equilibrium" to someone who just lost his job.
- LadyCailin 11mo agoPeople in the game industry are pretty often out of work anyways, so I don’t know how much there is to lose there. But industry wide unions can help with this, by providing financial assistance to workers laid off from union organized strikes.
- overfeed 11mo ago> But that's cold comfort to someone who doesn't have a job because the company went out of business I suppose only those who lose their jobs because of a merger, or the CEO making poor decisions ought to get the warm and fuzzies because someone on the Internet won't blame them for their own misfortune. Somewhere on the spectrum between "egalitarian, flat organization Utopia" and "Slavery", one has to draw a line where entities below that line should not exist.
- appreciatorBus 11mo agoYou forgot that collective ruin is also an option and we have seen this many times when societies attempted to do away with economic & market concepts.
- vkou 11mo agoWe've also seen collective ruin many many times when societies have embraced economic and market concepts. Seen the rust belt anytime lately?
- AnthonyMouse 11mo agoThat's probably not a great example given that the rust belt was thick with unions. And in general the US has a cost of living problem because the various levels of government keep getting captured by people who want regulations that make costs to go up because they're the ones getting the money. That makes US workers less competitive because of the corruption-induced regulatory costs, which is exactly the opposite of markets working as they should, except insofar as "industries move out of countries with high corruption and inefficient laws" is supposed to apply pressure to countries to get more efficient rules.
- overfeed 11mo ago> That's probably not a great example given that the rust belt was thick with unions. Perhaps we need to complete the thought here: was it the unions or executives that decided to offshore manufacturing? If the counterargument that unions are to blame for offshoring by "artificially" increasing the cost of labor, and should have competed with Chinese labor on price and they got their just deserts: then why are executives now (successfully) lobbying for protectionism against Chinese manufacturers? Why can't capital handle the type of rugged capitalism they inflict on American workers? If chinese goods could be ported as easily and cheaply into America and American labor was ported to China, there'd be blood on the floor.
- AnthonyMouse 11mo ago> was it the unions or executives that decided to offshore manufacturing? Neither. It was consumers, who prefer lower prices. > why are executives now (successfully) lobbying for protectionism against Chinese manufacturers? Because they were fools who thought they could offshore the factory work but not the management work. > If chinese goods could be ported as easily and cheaply into America and American labor was ported to China This is literally what has already happened. The actual solution is for the US to do something about high domestic costs, especially housing and medicine, which are the things keeping US workers from being globally competitive.
- repstosb 11mo ago
- appreciatorBus 11mo agoIt's almost as if there is no silver bullet to these problems and we have to better than rely on dogma like "unions always good"
- overfeed 11mo agoWhy is union-related collective ruin anathema, but elite-driven ruin is seen as an acceptable price to pay? Enron, the Great Recession, etc.
- seneca 11mo ago>Why is union-related collective ruin anathema, but elite-driven ruin is seen as an acceptable price to pay? Enron, the Great Recession, etc. What are you talking about? Multiple people were convicted over the Enron scandal, including some serious prison terms.
- overfeed 11mo ago> What are you talking about? I am pointing out that some commenters here are grading Unions and CEOs on different curves on the issue of negative outcomes, and the alleged union bogeyman is a frequent occurrence at ununionized organizations. > Multiple people were convicted over the Enron scandal, including some serious prison terms. That is great, and should have been a deterrent for more ruinous shenanigans. Which CEOs got arrested for the subprime mortgage heists that triggered the 2008 GFC? The GFC made Enron look like jaywalking, I'm sure dozens of executive received life sentences and entire banks shuttered for their malfeasance and lack of internal controls. Right?
- autoexec 11mo agoThe longest time an enron CEO spent behind bars was 12 years. Richard DeLisi was sentenced to 90 years for a nonviolent marijuana charge and spent over 30 behind bars before being pardoned. Kind of puts "serious" prison terms in perspective.
- cogman10 11mo agoWho got convicted over Sears, KMart, and Toy's R Us? How about the slap on the wrist for the Sacklers for supercharging to opioid epidemic? What happened the the CEOs of GE from Jack Welsh on who steered the company on into the ground primarily through layoffs and cut-throat business management? There's plenty of examples of business owners driving a company into the ground to personally enrich themselves.
- kristofferg 11mo agoUnions are part of a healthy market economy. The succesful suppression of unions is a market failure.
- AnthonyMouse 11mo agoUnions are basically useless in a healthy market economy because then companies have to compete for customers and employees instead of having a monopoly, which causes them to have thin margins and therefore leave nothing on the table for collective bargaining to extract that wasn't already being extracted through competitive pressure. Meanwhile unions in a consolidated market have the perverse incentive to sustain the monopoly because then the union is extracting a portion of the monopoly rents the corporation is squeezing out of consumers at the expense of the 99% of workers who don't work for that specific company. Which is why consolidated markets need not unions but antitrust enforcement.
- cogman10 11mo agoUnions are about building worker rights and protections into the business expenses. When they are industry wide, it prevents any company from gaining an advantage by exploiting their workers. A strong market economy is orthogonal to the treatment of workers. For example, the economy of the early US was both very competitive and had slavery. Same for islands like Jamaica. The ideal is government regulation ensuring worker rights. Barring that, unions fill the role. Unions exist to fill a void created by a low regulation market. They are the libertarian solution.
- AnthonyMouse 11mo ago> When they are industry wide, it prevents any company from gaining an advantage by exploiting their workers. If one company is exploiting their workers in a competitive market, what prevents those workers from going to work for any of the other companies? > For example, the economy of the early US was both very competitive and had slavery. Slavery is a government regulation that says that if someone pays a stranger money then you have to do work you never agreed to do. Markets are the thing where you only have to do something if you agreed to do it. > They are the libertarian solution. They're an attempt to monopolize the labor market in an industry. When unsuccessful they're useless because they have no bargaining power, when successful they're an abusive monopolist extracting undue rents from that industry's customers.
- frmersdog 11mo agoHelped along by a little clandestine sabotage, of course.
- FrustratedMonky 11mo agoPaying employees is part of the market. Why is the counter argument, that we should not pay employees even a thing these days? Ask yourself: Why is a paycheck now consider socialist re-distribution of wealth. Could it be because literally lives are cheap.
- _DeadFred_ 11mo agoReminder that up until recently, economic & market concepts included a requirement for strong government oversight. The originators/thought creators of capitalism talked about the need for such. Adam Smith argued relentlessly for regulation against monopolies, corruption, and rent-seeking. Libertarian ideologues retrofitted in the fantasy of self-regulating markets without oversight fairly recently and it is turning out to be a pretty disastrous retrofit. I agree, we must go back to true, pre idealog economic & market concepts, like Adam Smith argued for.
- piva00 11mo agoHow isn't it a market solution for a collective of individuals to band together to determine what they think are fair conditions of wage and labour? If they are wrong then the whole thing fails just like a business mispricing and/or mistreating its customers would, if they are right they all get a better deal. It's a freer market than allowing disproportionate power of employers in the labour market distort the price of labour.
- ozlikethewizard 11mo agoUnions are the reason we have a 40 hour week, minimum wage, equal (ish) pay, reasonably safe working conditions, overtime pay, holiday, etc. Anti-union think is a Reagan/Thatcherite psyop, don't drink the kool-aid. Notice that since the dismantling of the Unions both here (UK) and across the pond the average person's life has steady a steady economic decline? Not a coincidence.
- lucyjojo 11mo agothis is actually pretty rare. most case of ruin come from hostile warfare and/or interventions/state terrorism.
- DANmode 11mo agoWait, which are those again?
- skybrian 11mo agoIn abstract discussions about hypothetical situations, you can imagine things turning out however you like.
- hobs 11mo agoAnd its cold comfort to us all to basically say "let's all agree to slavery so nobody loses their jobs".
- seneca 11mo ago> And its cold comfort to us all to basically say "let's all agree to slavery so nobody loses their jobs". Comparing software development jobs in the modern United States to slavery is quite fanciful.
- free_bip 11mo agoGame development is a lot different than "normal" software development. Usually involves a lot more crunch/unpaid overtime. Though yes, the comparison is hyperbole.
- Manuel_D 11mo agoExcept unlike slaves, these software developers are free to quit and take a competing job offer.
- frmersdog 11mo agoThe logical conclusion of the scenario being floated here is that if enough workers resist their own exploitation, the "job creators" will take their capital and go... somewhere. And then there will be no jobs.
- frmersdog 11mo ago(Obviously I'm being facetious. There will, of course, be jobs. And also, a lot of capital owners sitting on the sidelines, debt payments incoming with no income stream.)
- _whiteCaps_ 11mo agohttps://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_Litigation https://en.wikipedia.org/wiki/High-Tech_Employee_Antitrust_L... Until the companies start colluding to suppress your wages.
- echelon 11mo agoAlso, this will result in more jobs being offshored. Hollywood unions were a sticking point. In 2022 and 2023, following the lead of Netflix and Amazon, most of those jobs moved from the US to Europe and Asia. Atlanta, which was booming for nearly two decades, which had built dozens of $500M class-A film production studios, is suddenly almost entirely vacant. We went from doing almost all of Marvel and Netflix to being a dead zone. We're at 20% of past volume, if that. LA was evacuated of work even more precipitously. It's all in Ireland, the UK, Eastern Europe, and Asia now. Gaming is next. The Saudis and Chinese are chomping at the bit. edit: fixed the idiom, thanks frmersdog
- Muromec 11mo agoI work in a bank with collective agreement and three trade unions. We are dropping offshore contracts before we lay off people covered by collective agreement. The bank simply can't lay off people at all without drawing up the plan together with the unions.
- frmersdog 11mo ago*chomping at the bit. Ironically, China has also proven that you can't easily import expertise. At best, you can "steal" it over a long period of being the current industrial center's gopher.
- echelon 11mo agoThe film case is kind of wild. Amazon, Netflix, et al. flew domestic crews to Europe to train their crews how to work. This wasn't unusual, because a lot of movies filmed on-location overseas. Nobody questions that. Par for the course. Except they trained local crews how to do everything - they trained their replacements in person. And now there are no US domestic crew flights to Europe and Asia.
- quesera 11mo agoNot sure what the original was (now edited), but it's actually "champing at the bit", historically. Chomping is also correct enough today, descriptivistically speaking.
- Normal_gaussian 11mo agoThe point is rather that the company would go under with our without the union. The union just means the staff aren't plundered along with the electric cables as the shop sinks.
- popalchemist 11mo agoIndeed. I'm not without sympathy for anyone who loses their job. But losing the job due to an anti-working class parasite going belly up is not entirely a tragedy. One less parasite in the world is a good thing.
- HumblyTossed 11mo agoDo I want a job that exploits me, or do I want no job at all. Wow, quite the decision.
- antonvs 11mo agoThe entire capitalist economy is based on that principle. In fact the crazy politics right now are largely a consequence of that: with all the factory jobs and similar jobs that were lost, the idea was that “the market” would somehow “correct” and all those people would get different, hopefully better jobs. But that didn’t happen, because it’s all an ideological fiction, right up there with the idea of trickle down economics. But suddenly, when it’s about workers collectively standing up for their rights against the one-sided power of enormously powerful corporations, “you would have to be an enormous asshole”? There’s definitely an enormous asshole somewhere in this picture.
- FrustratedMonky 11mo agoCold comfort. Like with full time employed Walmart employees that qualify as homeless. Are they happy because they have a job, since poor old Walmart might go under if they were forced to pay a real salary?
- stubish 11mo agoConversely, it might be great comfort to someone who has a job because their company didn't go out of business. The point of unions isn't to punish business. The point of unions is to empower workers. One of the things workers can do with that power is ensure their business stays afloat and jobs remain, for example policies promoting long term health and stability rather than short term stock price bumps and volatility or corporate strip mining, even if it means executives get smaller bonuses.