Re:Employees at Amazon's New NYC Warehouse Launch Unionizati...
by CryptoPunk on Wednesday December 12, 2018 @08:00PM
(#18669052)
>>Unions form to prevent a race to the bottom.
There is no such thing as a race to the bottom.. This is a common trope from people who don't understand economics. Union benefits are zero sum rent extraction, and in the long run, inhibit economic growth and with it broad-based wage growth.
There is no such thing as a race to the bottom.. This is a common trope from people who don't understand economics. Union benefits are zero sum rent extraction, and in the long run, inhibit economic growth and with it broad-based wage growth.