>None of this is a reason to not organize to better represent the interests of labor.
unions restrict the supply of labor and this results in (price increase) better wages for the union's members. However, overall the total dollar amount transferred from employers to labor goes down (employment decrease), so the "class" of all workers (employed and unemployed) see their per capita wages go down. and if that's not enough, the industry grows more slowly so the problem only gets worse for everyone in the future (trickle down) this is the underlying reason for europe's lower year over year economic growth compared to the US
is the reason. it's not a moral or ethical or even income distribution issue, it's just how markets operate.
I just took economics, this is what is taught at any school with a serious economics program. (it's non-serious, though still can be good, if calculus is not a prerequisite)
i also took a few econ classes in college, enjoyed it a lot.
Some other ramblings from me.
Management at companies generally dont want to unionize because it generally makes the company less nimble/competitive (its obvious 99% management doesnt want to pay more for labor so i dont feel need to argue that). So yes, if u are lucky enough to be in the union when it gets created, your benifits/salary is negotiated which is cool, less variability in your future, but youll only get paid if your business manages to continue to out compete competitors.
A union example of this i had was installing robots in factories (most of the factories were unionized) (to replace some transportation of goods inside giant factories). My team and I would work with factory management/engineers to come up with plan to automate some process. Before trying to impliment it, we would need to give our plans to a union rep for approval/feedback (who wasnt an engineer). So that factory's competitors didnt have to wait for an additional approval, we would need to wait for a non technical persons feedback to BEGIN a project, your competitor might be finished with project before union approval is done.
Common story of the american factory. Company unionizes, slowly becomes less competitive, a while later goes out of business. This is why so many companies resist (legally) unionization, as in some industries it means certain death.
unions restrict the supply of labor and this results in (price increase) better wages for the union's members. However, overall the total dollar amount transferred from employers to labor goes down (employment decrease), so the "class" of all workers (employed and unemployed) see their per capita wages go down. and if that's not enough, the industry grows more slowly so the problem only gets worse for everyone in the future (trickle down) this is the underlying reason for europe's lower year over year economic growth compared to the US
is the reason. it's not a moral or ethical or even income distribution issue, it's just how markets operate.