The Motley Fool Discussion Boards
Retirement Discussions / Retire Early CampFIRE
|Subject: Re: Thomas Sowell on the unions killing Hostess||Date: 11/21/2012 12:39 PM|
|Author: TheDope1||Number: 656345 of 750232|
For all the excesses unions may (or may not) be guilty of, without them laborers are at the mercy of their corporate masters. Some companies are reasonable (like the one I work for), and some are extremely callous towards their workers.
Maybe in an Upton Sinclair-era meat packing plant, but not today.
Workers have mobility. They're not tied to the city/town/county/state they were born in. They can move to places that maximize their skills.
This leads, what, you might ask? A mobile and agile workforce. It also leads to competition among firms to offer attractive wage and benefit packages to attract and retain the best talent.
BTW. The second scariest part of the housing crisis was that it disrupted this dynamic. Can you figure out why?
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|