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dffdsa432 | 2 years ago

Do government unions not try to maximize their profits from the public or am I missing something?

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lostlogin|2 years ago

You look at these crappy companies and the problem you see is unionised staff?

Have you seen the dividends and bonuses at Thames Water, or read the article posted here?

dffdsa432|2 years ago

Thames Water's CEO has a $1.5 million pay package which is lower than CEOs of corporations of the same size. The funding for public unions in the UK is $233 billion. Great comparison there.

figmert|2 years ago

Those in the unions are the public.

JumpCrisscross|2 years ago

> Those in the unions are the public

This is a nonsense delineation in systems thinking. That railroad shareholders are also the public doesn't justify ripping them off.

Unions are beholden to the same impulses towards monopoly and rent-seeking as corporations. Swap members (i.e. sellers of labour) for shareholders (i.e. sellers of capital) and employers (i.e. buyers of labour) for customers (i.e. buyers of goods and services) and union management starts looking remarkably like its corporate analog, churning undifferentiated workers into a differentiated and thus premium block of labour as truly as a mill grinds forests into houses.

Findeton|2 years ago

There are way more customers outside the unions that inside.

dffdsa432|2 years ago

Using your faulty logic, the owners of the privatized corporations are public citizens too.

lozenge|2 years ago

Employees of private companies.. can also join unions! Gasp!

dffdsa432|2 years ago

Yes, and? Unions of both sectors try to maximize their profits. Which do not?