| > mythical power It's not mythical, it's logical. If you rely on me and ten other people to run your business, and I say I'll walk without a raise, then you say, "good luck". If all ten of your employees say they'll walk, you have a problem. That's just bargaining power. It's a real thing that exists. > what resouces? The most valuable resource from a business perspective, labor. Without labor you don't have a company. You don't have a product. And you don't have customers. Again, a tiny drop of labor you can let go. All of it? Well, there's nothing left. > business owners stand to gain bargaining power Two problems. 1, businesses already have perfect bargaining power in labor relations. They can't get more because they have the most. Number 2, bargaining power against themselves? Again, why? That doesn't even make sense. |
Yet we can find all kinds of examples where the employer did say "good luck" to all ten people. In fact, it used to happen frequently enough that the government will now often step in to try and prevent the business from doing that. As before, labour unions, even when comprised of moderately wealthy people, are not always wealthy enough to hold power and have to cry to a much richer government for assistance.
> The most valuable resource from a business perspective, labor.
You can direct your labour resources towards the union, but that comes at the cost of not being able to direct it to your paid job. Opportunity cost is real. If you are poor, what supplemental resources do you plan to use to acquire things like food in the absence of the pay you gave up? There is no such thing as a free lunch.
> businesses already have perfect bargaining power in labor relations.
And...? Even if that is true (it's not, of course), unions are not limited to labour relationships. The farmer unions talked about at the top of the thread branch (which you obviously didn't bother to read) aren't about trying to embolden farmer bargaining power over their farmhands.
> bargaining power against themselves? Again, why? That doesn't even make sense.
Uh... What? Best to stop and think before replying, my friend.