Quote:
Originally Posted by nailer
Just classical supply/demand economics of which labor is a part. A union limits the supply of labor by limiting the workforce to it's members. The rest of the labor pool suffers and the suffering is so thin an addition it's not really noticeable until applied to a global labor market.
|
So, a collusion of employers agreeing to force wages to the lowest possible level could be expected to get an eventual response from the labor pool, once conditions become intolerable, whether thru organization or political upheaval. Of these two, organization would likely be preferable to revolution.
Sent from my SM-N900V using Tapatalk