What about the unions which are corrupt, paiktis? Not controlled by the owners, but the leaders of the union exercise dictatorial control over the finances? How are they to be taken apart with the system of corruption and patronage built into it? And some unions, at least in the Eastern US, are run by the mafia. Take those apart?
Oh yes, since I didn't slave away in a factory, I can't talk about unions! Seeing how you are a philosophy prof in your comfy job, I guess you can't either!! Though you think for some reason your comfy position gives you the ability to say that no unions are corrupt or have ever been corrupt!
You deserve it.
The issue, as I recall it, was labor mobility. I provided numerous large-scale examples in the US. There are plenty of small-scale examples too. My father left a small coal-mining town in Pennsylvania to find a better job in the city. I left Chicago
in 1982 because there were better jobs for economists elsewhere. But in each case supply and demand does the job it is intended to do: move scarce resources to their highest valued use. The demand for labor increases at Henry Fords’ new assembly plants, so people move to Detroit and Chicago. The demand for labor falls in the Dustbowl, so people move to California. There are certainly human consequences when workers move, just as there are consequences to the owners when companies go bankrupt. While one can reasonably question whether the costs are worth the benefit of increased output, it is clear that supply and demand move scarce resources to their highest valued use.
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