Originally Posted by BrooksLauren77
This is what the labour unions in Europe do, no? I believe it's called social corporatism.
Thats the idea, and when practiced its Wonderfull. However, we too have our fair share of destructive unions..
For a prime example that happened recently in my region:
Fine, you can strike if your wages are below average for the industry. Yet they weren't, as it turns out an average forklift driver there earned approx. 50% more compared to other industries.
Even for a profitable industry like tobacco there is a cost basis for your factories to run on, once the variable cost becomes to high on a year on year basis, the opportunity cost to move to a lower wages country can become enticing.
As it turned out, this particular straw was the one that broke the camels back, so this happened:
Thats over 1200 people out of a job, and probably 2500 in total in adjacent industries. The unions should have done a better job in educating their people about the very good position they had in a declining industry, yet instead they went on strike for even more pay..
I mentioned the example before in this thread because it truly annoys me, as it certainly wasn't necessary. The news articles might paint an even clearer picture..