> Unions improve compensation by increasing the share of the profits pie given (or returned, rather) to labor, not by putting a stranglehold on new hiring.
How do you think they magically achieve this?
Surprise - it's by threatening to restrict supply (not working for the company if they don't agree to the union's terms.)
How do you think they magically achieve this?
Surprise - it's by threatening to restrict supply (not working for the company if they don't agree to the union's terms.)