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by chrisseaton 2637 days ago
> Unions improve compensation by increasing the share of the profits pie given (or returned, rather) to labor, not by putting a stranglehold on new hiring.

How do you think they magically achieve this?

Surprise - it's by threatening to restrict supply (not working for the company if they don't agree to the union's terms.)

1 comments

Threatening to strike is much different from restricting the people who can work for the union?
In both cases you could be happy with the offered compensation but be forced to not work for the company anyway.
Yes, they're different things. They're also the two basic tools in the union toolkit for driving up wages.