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Re:The Collison Brothers Built Stripe into a $95B Unicorn by specialist on Friday May 27, 2022 @08:49PM (#31536580)
> The reason NFL wages are so high is...

...because they formed unions.

Re:The Collison Brothers Built Stripe into a $95B Unicorn by edanm on Saturday May 28, 2022 @02:50AM (#31538159)
Doctors also have a union and for the most part aren't making nfl wages.

I don't understand what makes people think that software engineers are so valuable that they'd get wages that are multiples of doctors.

Re:The Collison Brothers Built Stripe into a $95B Unicorn by specialist on Saturday May 28, 2022 @09:12AM (#31540073)
Scarcity is not necessary for leverage. Preventing defectors from collective bargaining is.

The Logic of Collective Action explains the mechanics. https://en.wikipedia.org/wiki/The_Logic_of_Collective_Action

It's basically game theory, by another name.

Re:The Collison Brothers Built Stripe into a $95B Unicorn by philwelch on Sunday May 29, 2022 @03:12PM (#31551927)
> Scarcity is not necessary for leverage. Preventing defectors from collective bargaining is.

"Preventing defectors from collective bargaining" is also, more or less, the definition of what an economic cartel does.

Re:The Collison Brothers Built Stripe into a $95B Unicorn by notfromhere on Sunday June 12, 2022 @01:14PM (#31716201)
Companies are an economic cartel for capital, but we’ve don’t take their existence as a controversy