Why Nostr? What is Njump?
2023-08-06 20:24:42
in reply to

🎓 Doc Freemo :jpf: 🇳🇱 on Nostr: npub1jmae6…50as2 > It would make no sense for unions to price fix in the same ...



> It would make no sense for unions to price fix in the same manner, since they cannot profit - or do you see a realistic way to profit there?

Yes unions profit, or at least their members do. When they price-fix their salary they make more money through artificial scarcity (striking).. So yes it makes perfect sense for unions to price fix, and yes they profit from it. In fact most of the point of a union is to price-fix (or when not fixing price they are fixing it with other things of similar value like benefits).

So yes artificial scarcity of workers absolutely benefits workers. You need to realize to a company the "product" being priced are things, to unions the product being priced is the labour and the price is their salary + benefits.

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