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0 pointsadam_arthur3y ago0 comments

Yeah, I left for greener pastures and more pay. It's called the free market.

Badly run companies will get weak talent and become uncompetitive.

0 comments

It doesn't have to be badly run. If 5% are getting screwed over, it won't hurt the company.

Those 5% can argue for better conditions or leave. If their value is not commensurate with their asks, they won't get it.

Both labor supply and demand needs to be competitive for an efficient society.

If there's a single employer in town, and lack of mobility for residents, that's a monopoly on labor demand just the same as a union is a monopoly on labor supply

giantg23y ago

We currently have people leaving who are being replaced by others with higher salaries and similar contributions. So it's not like it's meritorious.

With the information and power imbalance between companies and workers, it seems the companies are already an oligopoly. Unions are the oligopoly on the opposing side to balance that out.

j / k navigate · click thread line to collapse

0 comments

giantg23y ago

It doesn't have to be badly run. If 5% are getting screwed over, it won't hurt the company.

adam_arthurOP3y ago

Those 5% can argue for better conditions or leave. If their value is not commensurate with their asks, they won't get it.

Both labor supply and demand needs to be competitive for an efficient society.

If there's a single employer in town, and lack of mobility for residents, that's a monopoly on labor demand just the same as a union is a monopoly on labor supply

giantg23y ago

We currently have people leaving who are being replaced by others with higher salaries and similar contributions. So it's not like it's meritorious.

With the information and power imbalance between companies and workers, it seems the companies are already an oligopoly. Unions are the oligopoly on the opposing side to balance that out.

j / k navigate · click thread line to collapse