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by padastra
1613 days ago
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Strongly disagree. Whether you give me capital at a 1% interest rate of a 50% interest rate; whether you buy 1% of my company for $1,000 or 1% of my company for $100,000,000; are independently determined by each provider of capital. Collusion would be all banks working together to only provide me a loan for 30% interest even if it's obvious I can pay it back. The use of capital is irrelevant to the question of collusion for providing capital. That's like saying all the workers on a factory line are inherently already colluding because they work towards producing the same car. |
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A union is merely the labor version of joining together to increase leverage and is not any special level of collusion greater than the investors is what I am getting at
And yes saying the workers are colluding because they are working on the same car is what’s happening if you are going to call banding together to negotiate rates is colluding. There is non union labor and other unions