Re:California’s public pensions are breaking the bank
by Ericson2314 on Monday April 10, 2017 @07:42PM
(#14083564)
I'm sympathetic to the parent comment. All workers should [be allowed to unionize]. But public sector unions are dramatically more effective. I don't know enough economics to convincingly argue it but this is what worries me:
1. Privatization has a terrible track record, but it gains steam when the government is hamstrung by the labor-cost differential.
2. Governments are paying social democrat labor costs, while taking in neoliberal revenues. This makes nice things look inordinately expensive.
3. Jealousy in the private sector fosters conservatism / lazy govt worker stereotypes.
...
Basically long term the private sector unions undermine their own cause.
Once again, if you have a bunch of short-sited actors (c.f. financialization of business) you better be damn well they reach some equilibrium.
1. Privatization has a terrible track record, but it gains steam when the government is hamstrung by the labor-cost differential.
2. Governments are paying social democrat labor costs, while taking in neoliberal revenues. This makes nice things look inordinately expensive.
3. Jealousy in the private sector fosters conservatism / lazy govt worker stereotypes.
...
Basically long term the private sector unions undermine their own cause.
Once again, if you have a bunch of short-sited actors (c.f. financialization of business) you better be damn well they reach some equilibrium.