Originally posted by: ironwing
Originally posted by: RichardE
Originally posted by: ironwing
Originally posted by: RichardE
Originally posted by: ironwing
Originally posted by: zendari
Originally posted by: Jhhnn
Malarkey, Zendari. Unions are very highly regulated- they've almost been regulated out of existence...
They run converse to the free market. It's not the government doing the regulating.
There is an assumption in your statement that the labor market is otherwise free. If you are an airplane mechanic and there is only one employer in town that hires airplane mechanics then the labor market is not free. The one employer calls the shots. A union helps balance the labor/employer relationship in the absence of a free market. Walmart will become unionized when the pool of alternative employers is depleted.
How many airports are in the US, or even North America? If they do not all belong to the same owner/CEO than the market is free. If you cannot find work somewhere, you move and try to find it somewhere else. No one owes you a living.
And no employer is owed labor at any particular wage. Unions help determine the market wage, much like speculators help determine the market price for a commodity.
What is wrong with an employer taking the best possible wage? To make the most money? Again, if you do not like it, no one is forcing you to work. If you do not agree with how any employers are managing there emplyees, start your own business. Again, it is a free labour market, Unions help to ensure that there members get as much of the profit as possible, as they are the workers. The problem with unions is when they pass that line and start cutting into money the company needs to survive (this includes cost for upgrades, R&D ect). Again, business are in business to make money, plain and simple, they are not there to make everyone feel good, they exist to provide a good/service for a profit (save not-for profit). If a worker does not like what an employer offers, he is free to look somewhere else for work. If Unions did not try and make companies bleed every dollar they have, they would have there place, but they put companies in postitions they would not be in (see GM/Ford, Other numerous companies) the situations they are in. Unions will either need to change there tactics to survive or you will see companies going out of business rather that pay what these unions demand.
Who defines that line? The way to find out what the best possible wage is for their members is for unions to push the limit. Somehow a type of moral verdict is passed upon unions for looking out for their members while employers get a free pass as they are "just trying to maximize profits". That GM and other companies agree to union demands indicates that meeting the demands must have been in the best interests of the shareholders. If not, then the shareholders need to hold management responsible for violating their fiduciary obligations.
Ask yourself this. Has it been in GMs best interest to accept union demands. RIght now GM is on the verge of bankruptcy, while non union car builders prospering. GM has about 25% more labor overhead per car than toyota does. You cant think this is good for GM or its shareholders.