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by electromagnetic
5341 days ago
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I honestly think most companies keep production out of North America simply because factory workers have a tendency to go Union, and factory workers will always get the backing of other unionised factory workers. This is like the Walmart Union situation in which the workers don't realise that Walmart makes money because these people are willing to work at minimum wage so walmart can undercut local competition. If walmart starts paying above-market-rate for wages, then it can no longer undercut local competition, meaning a lot of stores will close because they don't have a high enough profit margin, meaning mass lay offs. IMO unionising isn't worth it if I have a 1 in 5 chance of getting laid off, especially if it means I won't have luck at finding another job. |
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No, people in 21st century US should not live in misery and fear of losing their job.
Walmart obviously has many other advantages over smaller competition other than the wages. It won't close because of say 20% wages increase.
If a Walmart store closes, local people obviously will continue to buy food. I.e. there will be many new stores open, ex-Walmart employees will be in a good position to take advantage of that, as they know the local customers.
IMO unionizing is the only sensible strategy for any employee, that is easy to replace. Especially for employees of not so ethical corporations like Walmart and Zynda.