Re:Amazon Sends ‘Vote No’ Instructions to Unionizing Employees
by SllX on Thursday February 25, 2021 @12:07PM
(#26265096)
Subject to antitrust law is not an inherent property of a corporation. Antitrust law is a statutory construct, as are the tax benefits of incorporation.
What you’re failing to understand is that while there are different types if corporations as legal constructs, with differing advantages and disadvantages mostly related to their overall tax liability, a corporation in the general sense is just a group of people come together for a common goal. Usually that goal is profits. You join up with 5 people putting in 20% of the money, you are entitled to 20% of the future proceeds.
So if you take a distribution of $1000, all other shareholders holding equal shares, they must also take a distribution of $1000, or equal to their share of equity in the company.
A union has a different structure, different legal privileges and burdens, and different goals, but fundamentally it is a group of people with a common goal. I think where they tend to fall down is that unions can grow so large that the power is so diffused amongst individual members that even people in unions may come to resent the union more than their employer, particularly if they are always in the minority on union issues. In which case they might find they are actually more in alignment with their employers rather than their union leaders.
What you’re failing to understand is that while there are different types if corporations as legal constructs, with differing advantages and disadvantages mostly related to their overall tax liability, a corporation in the general sense is just a group of people come together for a common goal. Usually that goal is profits. You join up with 5 people putting in 20% of the money, you are entitled to 20% of the future proceeds.
So if you take a distribution of $1000, all other shareholders holding equal shares, they must also take a distribution of $1000, or equal to their share of equity in the company.
A union has a different structure, different legal privileges and burdens, and different goals, but fundamentally it is a group of people with a common goal. I think where they tend to fall down is that unions can grow so large that the power is so diffused amongst individual members that even people in unions may come to resent the union more than their employer, particularly if they are always in the minority on union issues. In which case they might find they are actually more in alignment with their employers rather than their union leaders.