On: Stripe can make automatic LLCs but a wire transfer from Citi nearly ended me

[swagasaurus-rex]

This sort of behavior is why people hate the man.

[shawnz → swagasaurus-rex]

By "the man", do you mean any human with an established life and career that they are willing to defend in spite of what's best for their employer?

[pjc50 → shawnz]

In this case it's not just their employer but other employees and customers. It's a negative-sum kind of action to retain yourself as a middleman.

[wayoutthere → shawnz]

Which is why collective bargaining and unions make life better for everyone in the long run.

[barry-cotter → wayoutthere]

Those are two different things, with different effects. Unions don’t make things better for everyone except their members in the long run, or the short run. They make things better for their members. Unions are economically labour cartels. Like any other cartel they don’t make the economic pie bigger they make sure their members get more pie. Pie either goes to consumers in the form of lower prices, owners in higher profits or workers on higher wages. There’s no free lunch.

Collective bargaining can actually make things better by reducing labor unrest and allowing for industry wide coordination such as greater investment in training or German style Kurzarbeit during periods of low demand, where more people keep their jobs but their hours are cut.

[wayoutthere → barry-cotter]

> Like any other cartel they don’t make the economic pie bigger they make sure their members get more pie. Pie either goes to consumers in the form of lower prices, owners in higher profits or workers on higher wages.

I agree with you completely, except owners currently take a disproportionate slice of the pie. That is the cause of wealth inequality -- the power of unions to demand a bigger slice of the pie ultimately impacts the entire economy. Somewhat paradoxically, unions have much more of an interest in the long-term survival of the company than shareholders, who often take a short-term view of profitability. This ultimately leads to better decision-making.

[pbhjpbhj → barry-cotter]

I'm going to guess union action has no effect on price relative to same-country business operations. Market affects price.

Unions often are negotiating to not get lower wages: owner has bumper year, offers below inflation pay deal ... unions can say that is not good enough.

Without unions workers have no leverage, owners and politicians have all the power.

Or, could someone give examples of price increases due to unionisation [where no-one was taking a profit]?

Or can you give examples

[BlueTemplar → barry-cotter]

You realize that we have the unions to thank for most of the employee-protecting laws, right ? Who do you think is doing the collective bargaining in question, hmm ?

[Dylan16807 → wayoutthere]

Depends on what the union is doing.

A healthy severance package is good for employment stability. Preventing jobs from ever going away hurts everyone.