We May Need Labor Unions After All – Business Insider
I’ve always hated the idea of labor unions.
They create an “us versus them” culture within companies, instead of putting everyone on the same team
They create a culture of entitlement
They restrict flexibility and hurt competitiveness
They drive companies to move jobs out of the country, to places where there are no unions
They often become career employment for their leaders, who pay themselves well (much better than the workers they’re representing)
They maintain ludicrous compensation and benefit levels for jobs based purely on seniority (some bartenders in one of the New York hotel unions, for example, apparently make ~$200,000 a year)
They force companies to treat all union employees equally, regardless of the relative skill and value of particular employees–thus reducing incentives for people to do a great job
And all those are indeed negatives.
But we’ve now developed a bigger problem in this country.
Namely, we’ve developed inequality so extreme that it is worse than any time since the late 1920s.