I never knew there would be a strike in a recession. Most ppl losing their jobs and so forth, so some ppl are just striking asking for more.
True, like everything, it has to be in moderation. Just like raising a child
Are Unions done?
- Thread starter SunnY S
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I never knew there would be a strike in a recession. Most ppl losing their jobs and so forth, so some ppl are just striking asking for more.
True, like everything, it has to be in moderation. Just like raising a child
Definitely the rulemakers hold some degree of responsibility. But then the discussion has always been framed as pro-union vs anti-union and my point is that it shouldn't not an all-or-nothing proposition, it's a question of acheiving the appropriate balance of power between employer and employees. Money is only one form of power, it's not everything.
Then let me put it to you this way: The unions were wrong to ask for unreasonable benefits and compensation, but the corporations were IDIOTS for giving it to them.
OpenGambit
Banned
Given the competetive atmosphere and the trade conditions at the time, I don't think it was that crazy...
Oh really? To those who say unions have had their day and not needed any more. That's right , lets continue to give corporations tax breaks so they can hire people for minimum wage instead of a fair working wage and while we are at it let them rack in billions in profits as a side bar. I presonally belive unions which represent the workers are needed more than ever IMHO Just sayin!!! Let the flaming begin lol
Unionized labour is the most bitter, combative, destructive form of HR structure that exists. Neither side is going to do anything out of concern for the other guy, they all did what was in their own best interest according to the laws and this is where they ended up. The bottom line is this shows that unions as they are structured right now don't work in the interest of the industry, nor in the interest of the workers in the long term. I've explained where I think the problem lies. I feel it doesn't serve any purpose to judge either party without taking a look with a critical eye at the system they have to work within.
When the unions can use picket lines to close down a business, companies are often left with little choice but to effectively shut down until they concede to union demands. While shut down, they risk losing their customer base to other companies still operation. Standing on principle is great, but when the customers have found new suppliers, any victory over union extortion then becomes a rather pyrrhic victory.
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OpenGambit
Banned
I would say that as an investor, I would consider the existence of a unionized labour force when making a decision.
Manufacturing going to China / Pacific rim
Telemarketing and tech support going to India
People don't learn.
It can't happen to me
In the late 50's japan made the little 2 transister radios and were ingored because that was the only thing they could do with their little fingers.
Then they took on the camera industry and wiped out the Europeans, then Polaroid and now Kodak. OK but they can't make big stuff because of shipping costs.
Then they started selling us cars and heavy equipment.
I know a bunch of people that are slack office workers but think they can't be replaced by someone in India. Wanna bet. IMO it's more when than if.
Nothing improves production like someone going after your job.
Telemarketing and tech support going to India
People don't learn.
It can't happen to me
In the late 50's japan made the little 2 transister radios and were ingored because that was the only thing they could do with their little fingers.
Then they took on the camera industry and wiped out the Europeans, then Polaroid and now Kodak. OK but they can't make big stuff because of shipping costs.
Then they started selling us cars and heavy equipment.
I know a bunch of people that are slack office workers but think they can't be replaced by someone in India. Wanna bet. IMO it's more when than if.
Nothing improves production like someone going after your job.
DownUnder
Well-known member
Quoted for truth
OpenGambit
Banned
Uhh, production in the US has never been higher, we are producing more than ever before, largely due to mechanization.
Uh, I'm in a union.
And so is china, Vietnam, etc etc
rattlesnakeross
Well-known member
+10
OpenGambit
Banned
OliverK
Well-known member
I'm surprised how many people are against democracy in the workplace, and think, without the countervailing force of collective bargaining, they will continue to have the labour protections they have today.
One needs only to observe what the 40 year assault on unions in the US has done for American income disparity to conclude that it could easily happen here.
Cat knew they were closing the plant, so they low-balled the proposal and locked out the workers. For years, they've been raiding their pension for the benefit of its executives, all the while turning in record profits. One can only imagine how much worse things would look like down south without the UAW.
Like others have said, we are in a race to the bottom. When unions suffer, so do we all.
Except the 1%, of course.
One needs only to observe what the 40 year assault on unions in the US has done for American income disparity to conclude that it could easily happen here.
Cat knew they were closing the plant, so they low-balled the proposal and locked out the workers. For years, they've been raiding their pension for the benefit of its executives, all the while turning in record profits. One can only imagine how much worse things would look like down south without the UAW.
Like others have said, we are in a race to the bottom. When unions suffer, so do we all.
Except the 1%, of course.
The first commercially viable transistor radio was Regency Electronics, 1954, Indianna USA
Raytheon (british) was the closest competitor
Polaroid was a major exhibitor last month in Vegas at CES. They just launched the worlds first android smart camera.
Kodak invented the digital camera
Raytheon (british) was the closest competitor
Polaroid was a major exhibitor last month in Vegas at CES. They just launched the worlds first android smart camera.
Kodak invented the digital camera
