- Jun 6, 2008
But it remains that any worker that is not satisfied with his wages or working conditions is free to find other employment with another employer that provides better wages, benefits, and conditions. On the employer side, they do not want to lose their best workers, so they do all they can to be competitive in the marketplace by providing competitive wages and benefits. As one extreme example, look at the tech industry. Tech companies often poach desirable employees from competitors, luring them with added salary, opulent working conditions, and crazy benefits (free meals, transportation, and even things like reproductive and fertility services).The fact of the matter is this: There is an incredible asymmetry in the bargaining positions of individual workers and their corporate employers. Large companies have, relatively speaking, massive amounts of both power and information. Individual workers, no matter how skilled and productive, do not. This inevitably leads to situations where corporations exploit this informational asymmetry to offer both wages and working conditions that are far below the market-clearing price.
But that ignores the fundamental asymmetry of both information and market power between worker and employer.But it remains that any worker that is not satisfied with his wages or working conditions is free to find other employment with another employer that provides better wages, benefits, and conditions. .
Unless they are fired outright, most workers secure new employment before quitting their current job.But that ignores the fundamental asymmetry of both information and market power between worker and employer.
If a worker quits a job to search for another, they lose 100% of their income. An employer might be temporarily inconvenienced by the loss of a trained and skilled worker, but in a large organization, with potentially hundreds of individuals doing similar jobs, the work can be re-assigned to ensure no net economic loss.
Wages and benefits are (or should be) based on productivity, efficiency and merit. Yes, employers tend to reward longer-term employees precisely because they are the most productive. New hires by contrast often take 1-3 years to learn how to become really productive and efficient at their job, but in the meantime, the employer is paying full wages and benefits to a less productive person.Employers also tend to reward tenure among their employees. Not just in paying higher wages to longer-term employees, but also in terms of the vesting of pensions and other benefits. An employee who stands to lose $100,000 in 401(k) benefits would have to work a long time at a higher wage to recoup that loss. That gives an employer an opportunity to underpay more experienced, and theoretically more productive, employees.
Or even the Topuddle martyrs...I believe the appropriate phrase for this is “Standing on the shoulders of giants”.
Oh my. You really have drunk the capitalist Koolaid. Collective bargaining redresses the power imbalance between employers and workers, and overall the people in the West were happier when unions were strong. Personally I think the path of wealth and power inequality that we're on is unsustainable, leading to only one outcome: widespread violence and conflict that will hurt everybody. It is as though the ruling cast no longer see the pressures building up in the society and no longer values the social structures that act as relief valves. Anything that weakens unions just brings the social collapse closer, but hey, they wealthy will just bugger off to New Zealand.Unions are a leftover vestigial waste from the 19th century. They are no longer needed and should have been destroyed outright decades ago. With this vote coming up, it will begin the process of significantly degrading the power of Unions by taking away the one thing they need to influence politicians... money!
The law they are overturning is the one that forces employees to give part of their paychecks over to the Union, even if that person wants nothing to do with the Union. Imagine being taxed to pay for Canada's healthcare, even though you live in the U.S. Makes sense, huh?
I say good riddance!!! And I am glad that Trump's Supreme Court Judge is getting this opportunity to kill off something that has eroded America's cities (like Detroit and what the Auto Union did to it!)
What good does guessing what OP might be other than make you look like a pompous ******* who repairs cell phones for a living?Bet the OP is also a blue collar worker who voted for Trump and thinks Republican's hopes and dreams for the country will benefit him. Trump did say he loves uneducated people.....
To point out the idiocy of people cheering for big business while not realizing that they're not going to benefit from it in any way, shape, or form.What good does guessing what OP might be other than make you look like a pompous ******* who repairs cell phones for a living?
There's a lotta wheels for the nextgen to have to reinvent at some point, one pitched battle after another, if we formally embrace that path to the bottom. It's possible some of the next generations may decide we've sampled enough of that trip already, and so comes the time to make a U-turn. Our younger voters are getting more into running for office and voting, not just talking and marching, and 70% of them don't like this Republican Congress.I agree; end the unions. Also, end everything the unions brought with them: the 40-hour workweek, workers' compensation, the end of the "fellow servant rule", employee benefits (paid holidays, paid vacations (not that anyone in the US gets those anyway), health insurance (same), OSHA. If Ayn Rand and the "ultra-capitalist" society is going to win, let it win totally.
The same is true about young people and the right-wing parties in the UK. The anger of younger people against older people here is palpable, even in Scotland where people and policies are less draconian than England. I am shocked at the level of anger in people in their 20's and 30's, but it's understandable. I think we're headed for another youth revolt that will make the 1960's look like inter-generational harmony and bliss. Good luck to older people on pensions or any other benefits that can be curbed, capped or eliminated by the younger generations. You reap what you sow.There's a lotta wheels for the nextgen to have to reinvent at some point, one pitched battle after another, if we formally embrace that path to the bottom. It's possible some of the next generations may decide we've sampled enough of that trip already, and so comes the time to make a U-turn. Our younger voters are getting more into running for office and voting, not just talking and marching, and 70% of them don't like this Republican Congress.