Hacker News new | ask | show | jobs
by nickff 3913 days ago
I am not sure which side has interests 'more like yours' in cases like this one. On the one side, the union is trying to squeeze their employers for as much money as possible, which is a benefit for the members but raises the cost of consumer goods, and reduces the earning potential of everyone working at a (goods) exporter. On the other hand, each port is trying to gain an upper hand in capacity and cost against its competitors, by reducing salary (and other) costs, which will allow it to retain a greater portion of the earnings (if they succeed), but will benefit consumers of foreign made goods, and exporters (regardless of whether the port succeeds in capturing more profits).

The average citizen's interests seem to be much better aligned with those of the port, as the benefits of competition will serve to distribute cost reductions to all users of product which pass through the ports.