Quote:
Originally Posted by jwb
this has already basically been addressed.
Unions work to the extent they mobilize collective bargaining. Which makes cheap labor harder to get. So does minimum wage. All this is perfectly in line with what I've said this far.
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wut
Minimum wage doesn't make cheap labor harder to get. Under a certain level it eliminates it. You're also ignoring the point. Unions through threat of strikes, or even violence, and companies through lobbying alter value based on non-market factors via power. If a corporation is increasing the value of whatever they're selling by having laws enacted or struck down that artificially inflate value then value is meaningless. All you're talking about is power. And power is not actually a synonym for money.