Why do some of the most highly-paid people (actors) join a union and join the picket line? Even if you are high performing, joining up with other workers increases your bargaining position. Why did Steve Jobs join up with Adobe to stop poaching when they were highly sought after work places? Because even if you're a behemoth, you can be stronger in a union.
gruez|2 years ago
Perhaps, but there's also a real chance that the union structure you end up with ends up being net negative for top earners. If you're in the top 10%, what makes you think the bottom 90% won't vote for policies that end up redistributing your wages to them?
Also as I said in my other comment[1], whether this is actually true is irrelevant. All that matters is that it sounds plausible and some fraction of people believe it. Perception is reality in this case.
[1] https://news.ycombinator.com/item?id=37942073
ImPostingOnHN|2 years ago
We already have the bottom 10% (executives) doing that. We would need evidence to be convinced that your scenario would plausibly happen if workers had more power and executives less.
skeeter2020|2 years ago