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by imtringued
1735 days ago
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>They try to extract the most. Yeah so what? The other side does the same thing and runs into the very same issues. If unions go to far they struggle with job retention. If employers go too far they struggle with employee retention. These forces balance closer to the middle than if you only had one of them. Now, you know what's stupid? Letting the government become the union of last resort via the minimum wage. The government doesn't negotiate with anyone. It doesn't know what wages are justified. So it will get it wrong. Either it's too low or it's too high. No feedback from the actual economy. With no clue whether it makes things better, worse or simply does nothing (95% of the time). I'll choose the unions rather than the government. |
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What this means is that using Unions, arbitrary employees can possibly take over companies and consume all of the surpluses, which is not good.
"Now, you know what's stupid? Letting the government become the union of last resort via the minimum wage. "
It seems odd because a 'min. wage' is a broad, crude measure, and a 'negotiation' feels more market oriented.
The problem is, those negotiations are not market oriented.
Union-Company negotiations are based on a very arbitrary power that we give to Unions to basically hold the operations of the company hostage unless certain demands are met.
It's not efficient at all.
Given that, I think it's just better if government sets a floor for work.
They could improve it by 1) using economic measures instead of making it political, and 2) possibly have different min wages for different sectors.
In reality - we don't need Unions. Where they are 'most needed' today is where pay is really how, and or there are some unfair practices, arguably at Wallmart and Amazon.
If we increased minimum wage to something reasonable, and got a bit more nuanced with regulation and enforcement ... then that would solve most of the problem.
Worker safety + regulations take care of most of the reasons unions needed to exist and min wage takes care of most of the rest.
Non-unionized auto workers make well above min-wage salary because market-driven salaries work well enough in those areas.