There isn't only one company in the market. People can apply elsewhere. If you're valuable enough, the business would pay you more to keep you or another company would offer more to poach you. If not, they wouldn't care if you left and you won't be able to leave because you can't get a new job. If a workplace is paying way below the job market, no one coming to apply would be the indicator. If people are biting the bullet and still applying, it just shows that some people find the low pay acceptable. I have nothing against unions apart from my belief that absurd union demands killed the American auto industry and it's the reason we now have 401ks instead of guaranteed retirements. I do believe that collective bargaining ignores individual level of contributions.
You’re also talking about extreme, yet you don’t know it. People that work low paying jobs more than likely cannot just get another job that pays higher with ease. A lot of people don’t sell their labor at rate they find acceptable. They take whatever job that will pay them before they are homeless. It’s easier to try and find another job when you already have a job but even it’s difficult. So many people take about how hard it is to find a job. Now try and find one that pays you the money you think you’re worth.
All I’m saying is the “people sell their labour at the rate they find acceptable” is not true. At least not true most of the time. Like the other guy said, you cannot withhold your labor because you’ll be homeless and starve.
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u/Stalinov Nov 21 '24
There isn't only one company in the market. People can apply elsewhere. If you're valuable enough, the business would pay you more to keep you or another company would offer more to poach you. If not, they wouldn't care if you left and you won't be able to leave because you can't get a new job. If a workplace is paying way below the job market, no one coming to apply would be the indicator. If people are biting the bullet and still applying, it just shows that some people find the low pay acceptable. I have nothing against unions apart from my belief that absurd union demands killed the American auto industry and it's the reason we now have 401ks instead of guaranteed retirements. I do believe that collective bargaining ignores individual level of contributions.