Re:Amazon warehouse workers stage first-ever strike in the UK
by bwestergard on Wednesday January 25, 2023 @10:49AM
(#34519679)
"On the other hand, some portion of inflation is caused by increased labour cost. So by the time the strike demand is fulfilled, the next strike is in theory in the brewing."
It depends on both "technology" (the inputs required to produce each output in the consumption bundle for workers) and purely distributive variables (how revenues are split between labor and capital). Generally speaking, widespread strike activity will tend to shift revenue from capital to labor.
Countries where labor is organized and thus has a credible strike threat generally have a much more equal distribution of income, and most workers work fewer hours per year.
It depends on both "technology" (the inputs required to produce each output in the consumption bundle for workers) and purely distributive variables (how revenues are split between labor and capital). Generally speaking, widespread strike activity will tend to shift revenue from capital to labor.
Countries where labor is organized and thus has a credible strike threat generally have a much more equal distribution of income, and most workers work fewer hours per year.