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A comment on Make elites compete: Why the 1% earn so much and what to do about it. Parent comment

Re:Make elites compete: Why the 1% earn so much and what to ... by tamana on Saturday March 26, 2016 @01:24PM (#11366489)
Suppose the workers unionized and negotiated for higher wages. Did unionization increase their wealth creation?
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Re:Make elites compete: Why the 1% earn so much and what to ... by WalterBright on Saturday March 26, 2016 @07:03PM (#11367891)
If workers negotiate for higher wages, then business is forced to put them on more productive tasks. Less productive tasks tend to simply not get done, or get replaced by automation.

Unions have sometimes priced themselves out of the market, meaning the business closed. Didn't that happen with Hostess?

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