>But it indicates both sides had bargaining power.
>It does not indicate this. Consider an extreme example.
>Labor: We need a $5 an hour raise. Management: We will give you $0.01 raise.
Well, no because if they had no bargaining power management could have told them to fuck off, or pay them even less. "Had bargaining power" =/= "had the upper hand"
>It does not indicate this. Consider an extreme example.
>Labor: We need a $5 an hour raise. Management: We will give you $0.01 raise.
Well, no because if they had no bargaining power management could have told them to fuck off, or pay them even less. "Had bargaining power" =/= "had the upper hand"