[mayniac]

>the 40-hour work week, minimum wage, and lack of child labor are artifacts of economic development

The economy hasn't stopped developing however. 80 hour work weeks at the factory have been replaced with 40 hour weeks with 20 hours of unpaid overtime. Child labour has been replaced with unpaid internships. Minimum wage often doesn't match increases in inflation and cost of living, not to mention regional changes in cost of living.

Also productivity has practically doubled in the UK since 1980, yet labour laws have largely stayed the same. It could be time to implement 32 hour weeks, or ban unpaid overtime, or raise the minimum wage. All of these require strong unions IMO.

[Matticus_Rex]

"Unpaid" internships are good -- they allow people who don't provide much value to learn and build their capital. People who want to work more than 40 hours should be allowed to work more than 40 hours, and should be allowed to make agreements with their employer that don't double their expense per hour at 40 hours. The minimum wage is just a price floor, and doesn't actually determine wages for more than an extremely small margin of workers, and raising it can increase unemployment among the most vulnerable populations.

Unions have the economic effect of boosting working-class wages and well-being for people in a particular group: high-skill working class people. They depress wages, increase unemployment, and reduce well-being for the most vulnerable groups, particularly minorities and those with low education. There is no broad positive effect on labor from unions; we know from the data that the benefits accrue to a certain type of worker, and it's nowhere near the lowest classes of worker. These gains are relative, and do not enlarge the pie.

(EDIT: Downvoting me doesn't make the economics literature less conclusive on this point, and there's no reason why we should expect it to be otherwise. The labor struggle is an intra-class struggle between the more-employable working-class subset and the less-employable, which is exactly what you'd predict looking at who makes up the groups.)

[mayniac]

FYI, wasn't me who downvoted you (check my karma, I actually can't)

But one by one:

>"Unpaid" internships are good -- they allow people who don't provide much value to learn and build their capital

Unpaid internships are not available to anyone who doesn't have the necessary capital to go without income for a year or so. Which is very few people, and mainly the rich. Or people who can take internships near their parents home provided their parents earn enough to support them and provided they're not in an abusive family situation which is still far too exclusive.

>People who want to work more than 40 hours should be allowed to work more than 40 hours, and should be allowed to make agreements with their employer that don't double their expense per hour at 40 hours.

Sure, but that's still paid overtime, I was talking about unpaid. And a lot of the time it's not a case of "people who want to work more than 40 hours" it's "people who have to work 40 hours". I didn't get a choice at my last job, I either did it or I got fired, and that was with the EU working time directive (it wasn't very effective)

>The minimum wage is just a price floor, and doesn't actually determine wages for more than an extremely small margin of workers, and raising it can increase unemployment among the most vulnerable populations.

A fifth of the UK workforce earned less than the living wage in 2017 [1] and the living wage here isn't that much higher than the minimum wage. I wouldn't describe that as a small margin. All those workers would benefit from increasing the minimum wage. Furthermore regarding increasing unemployment, this isn't a valid argument: it's well established in quite a few countries that minimum wage is not enough to actually live on, so if a business cannot afford to pay the minimum wage people need to survive then they are not an effective business. I really can't emphasise that enough. If people are unemployed because of reasonable increases in minimum wage, it is entirely the fault of the business owners for not being profitable, not the fault of minimum wage law.

>Unions have the economic effect of boosting working-class wages and well-being for people in a particular group: high-skill working class people. They depress wages, increase unemployment, and reduce well-being for the most vulnerable groups, particularly minorities and those with low education. There is no broad positive effect on labor from unions; we know from the data that the benefits accrue to a certain type of worker, and it's nowhere near the lowest classes of worker. These gains are relative, and do not enlarge the pie.

Source please.

>The labor struggle is an intra-class struggle between the more-employable working-class subset and the less-employable, which is exactly what you'd predict looking at who makes up the groups

IMO plain wrong. The labour struggle is between workers and owners of capital, in fact pitting the working class against each other has been a tactic those in power have used for millennia.

[1] https://www.independent.co.uk/news/business/news/uk-populati...