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by erlich 1466 days ago
What happens if a minimum wage is set but there are people prepared to work for less? Or under lesser conditions? And a company cannot hire as many people because they have to pay them more?

Isn’t it fairer to rely on the free market to set wages? There are shortages and surpluses in many industries that vary over time. Unions seem to just distort the market.

Reviewing employment contracts can be done by one’s own lawyer via legal insurance too. Why does this need to be collective? Why not pay a fee for services you use rather than union dues. A lot of the benefits you mention doesn’t need unionization.

1 comments

A free market is only fair if there are many labor purchasers and sellers. But when employers hold power (they are a major employer and they control many jobs in an area, they control your recommendations, the switching cost of changing jobs is too high) they can use that power to deflate wages below their fair market value. Unions create a level playing field to workers to negotiate with companies.
Agree but tech is not like this. Especially with the rise of remote work. Unions can also hold down wages by reducing flexibility in conditions to suit different employees preferences.
A new tech union need not operate identically to the ones that came in the past. Heck, it might not even be called a “union”, given tech’s propensity to reinvent concepts under different branding. We have the benefit of over a century of historical expedience to improve how such an organization might operate. And already, not all existing unions are overly restrictive about their working condition stipulations.