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Subscribe to this threadUAW strike against Chrysler begins
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Johnny Rotten @ Oct 10th 2007 12:02PM
Why is there so much hatred? If you don't understand this, then you sir need to exit the conversation. Unions allow the same thing people hate when corporations try to do. Monopolies. Unions are no better than OPEC. A monopoly is a grossly inefficient way to run any industry, including labor. You bleeding-hearts have no idea how the most basic economic ideas work and you certainly know nothing of monopoly rents. Competition is the only way to ensure that a product, including labor, is supplied and consumed in the most efficient manner possible. When a union exists, laborers can extort huge wages for otherwise low paying, low skill jobs. Any idiot can build a car and I am sure there are lots of people who would love to have these jobs at 1/3 what these sharks get paid. If they were allowed to compete for these jobs, they most certainly would. But the unions don't allow it.