News for hackers. Stuff that matters.
Re:Why are US corporate profits so high? Because wages are s... by unclebucknasty on Monday January 27, 2014 @11:28AM (#7131183)
By claiming that the owners are taking a bigger risk than the employees, you're implicitly arguing that employees are taking some risk. Thus, it's surprising that they capture none of the rewards from growth.
Re:Why are US corporate profits so high? Because wages are s... by run4_too on Monday January 27, 2014 @12:25PM (#7131637)
There is nothing stopping the union from re-negotiating the contract that exists today, the same way management wanted to re-negotiate the contract that previously existed.
Re:Why are US corporate profits so high? Because wages are s... by unclebucknasty on Monday January 27, 2014 @03:47PM (#7133109)
Except for the fact that many unions don't exist now.

Of course, your suggestion also implies a labor market balance that simply does not exist. The article is actually about the fact that corporations are realizing record profits by employing fewer people and paying less to those whom they do employ. It's a buyer's market for labor. Not exactly a strong negotiating position for the worker.