"I think it is better to think of labor unions themselves as startups that eventually consolidated."
They don't make something people want. They take something people want and jack up the price to make them pay more for it. They're as much of a startup as OPEC -- the only difference is that they're cartelizing labor instead of oil.
They don't make something people want. They take something people want and jack up the price to make them pay more for it. They're as much of a startup as OPEC -- the only difference is that they're cartelizing labor instead of oil.