>They have more knowledge but certainly not more control. Knowledge is power, as they say. Industry wide wage negotiation is basically a collective action pro

>They have more knowledge but certainly not more control. Knowledge is power, as they say. Industry wide wage negotiation is basically a collective action problem; publicizing your wages lowers the barriers/cost for negotiating for higher wages. Most people are, by definition, paid less than their marginal value and thus have some leeway for a raise to begin with. Besides, it works for CEOs: http://www.newyorker.com/talk/financial/2013/10/21/131021ta_talk_surowiecki http://www.newyorker.com/talk/financial/2013/10/21/131021ta_...