>In fact, by twisting a business so that it is run for the benefit of the employees instead of for the mutual benefit of employees, employer, and customers, they destroy value.
An union negotiates/help negotiate, an employer would never run it's business if there was no benefit for them. Do you really believe that unions make it so only employees and not the employer benefit?
> Do you really believe that unions make it so only employees and not the employer benefit?
If the employer doesn’t accrue some marginal benefit, he’ll liquidate his investment if he is able. So he has to get something, and a good parasite will make sure not to kill the host.
You could say the exact same from the employers side. They would love to pay people nothing if they could, but they need to make sure the employee gains the minimum benefit to keep them working.
Exactly. So the employee negotiates the highest wage that he can, and the employer negotiates the lowest wage that he can, and they arrive at an acceptable wage.
