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Union households tend to have $100k more in wealth than nonunion families

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Re: Union households tend to have $100k more in wealth than nonunion families

#21

At the expense of other families not a party to the monopoly.

Unions: join us, let's increase our bargaining power together and improve all our economic situations. Anti-union workers: No. Also anti-union workers: Look at these union workers making more money than us, at our expense.

That's not a contradiction. Unions can and often do become just as dysfunctional as any other kind of government. People abuse their power and force out those that won't go along with it.

Re: Union households tend to have $100k more in wealth than nonunion families

#22
It is worth it to look at the actual report. Sadly it makes no attempt to actually compare equivalent works, it just has two categories. Obviously union membership differs greatly between job types.

The report shows that people who benefit from unions are those of low education levels, there the leveling effect of unions makes the biggest relative and absolute difference.

For college educated people the benefits are very small in terms of wealth. I highly suspect the more worthwhile your degree is the less valuable unions are. If your personal skills are more in demand than the average employee of the union, then being part of a union will drag you down. Which is a big reason why few people here would see any actual benefit from a union. Aside from that, my personal views on some unions where I live are extremely negative and certainly should not be allowed to act the way they are acting.

Re: Union households tend to have $100k more in wealth than nonunion families

#23

This is basic economics. The rise of income and wealth inequality is directly tied to the weakening of collective bargaining, corporate consolidation and globalization. Source: https://home.treasury.gov/news/featured-stories/labor-unions... . Unionized workers are the only real backstop against corporate interests.

>Unionized workers are the only real backstop against corporate interests.

This is only true if you yourself do not possess greater bargaining power by having certain rare skills, that are in demand. Which is why the report shows that higher educated people benefit far less.

Re: Union households tend to have $100k more in wealth than nonunion families

#24

This is basic economics. The rise of income and wealth inequality is directly tied to the weakening of collective bargaining, corporate consolidation and globalization. Source: https://home.treasury.gov/news/featured-stories/labor-unions... . Unionized workers are the only real backstop against corporate interests.

>Unionized workers are the only real backstop against corporate interests. This is only true if you yourself do not possess greater bargaining power by having certain rare skills, that are in demand. Which is why the report shows that higher educated people benefit far less.

Lawers are unionized but just name it something else. Etc.

Re: Union households tend to have $100k more in wealth than nonunion families

#25

This is basic economics. The rise of income and wealth inequality is directly tied to the weakening of collective bargaining, corporate consolidation and globalization. Source: https://home.treasury.gov/news/featured-stories/labor-unions... . Unionized workers are the only real backstop against corporate interests.

>Unionized workers are the only real backstop against corporate interests. This is only true if you yourself do not possess greater bargaining power by having certain rare skills, that are in demand. Which is why the report shows that higher educated people benefit far less.

At some point, higher individual compensation doesn't matter much if everyone else in your community is overworked and underpaid.

I think many Dutch or French software developers are living better lives than developers in California, all things considered.

Re: Union households tend to have $100k more in wealth than nonunion families

#26

Earlier quoted context omitted.

>Unionized workers are the only real backstop against corporate interests. This is only true if you yourself do not possess greater bargaining power by having certain rare skills, that are in demand. Which is why the report shows that higher educated people benefit far less.

At some point, higher individual compensation doesn't matter much if everyone else in your community is overworked and underpaid. I think many Dutch or French software developers are living better lives than developers in California, all things considered.

>At some point, higher individual compensation doesn't matter much if everyone else in your community is overworked and underpaid.

I think that totally depends on the individual and their circumstances.

>I think many Dutch or French software developers are living better lives than developers in California, all things considered.

European developers generally earn much less than Americans, especially after taxes you can get to a 2x difference with comparable cost of living depending on area. In generally wages in Europe are much more even, here in Germany you have a heavily bracketed income tax system, even significant increases in wage usually become much smaller if you consider the additional taxes.

Re: Union households tend to have $100k more in wealth than nonunion families

#27

Earlier quoted context omitted.

>Unionized workers are the only real backstop against corporate interests. This is only true if you yourself do not possess greater bargaining power by having certain rare skills, that are in demand. Which is why the report shows that higher educated people benefit far less.

Lawers are unionized but just name it something else. Etc.

I think our are taking about a professional organization. Those do not perform the same function unions do.

The point of unions is to gain bargaining power against massive corporations. If you are self employed, part of a small company or easily replaceable (which is the case for most lawyers), because your professional is only a tiny part of the company a union does nothing for you.

Professional associations exist for different reasons and have different goals.

Re: Union households tend to have $100k more in wealth than nonunion families

#28

Earlier quoted context omitted.

>Unionized workers are the only real backstop against corporate interests. This is only true if you yourself do not possess greater bargaining power by having certain rare skills, that are in demand. Which is why the report shows that higher educated people benefit far less.

At some point, higher individual compensation doesn't matter much if everyone else in your community is overworked and underpaid. I think many Dutch or French software developers are living better lives than developers in California, all things considered.

This is definitely the case for me. The number one thing bringing down my quality of life is that my friends don't have time/money to do things and I'm worried about their physical, mental, and financial health.

Re: Union households tend to have $100k more in wealth than nonunion families

#29

Earlier quoted context omitted.

> At the expense of other families not a party to the monopoly. Corporate profits are unpaid wages. Non union workers can organize, it is a choice. Otherwise, continue being economically impaired by corporate shareholder and management actors on your own time. If you don’t organize against corporations, they would extract until there is nothing left (broadly speaking, some companies don’t embody this ethos, but many…

> Corporate profits are unpaid wages. what about corporate losses then?

A lot of leftist argue for worker owned businesses. Wouldn't that mean that losses would effectively be owned by the workers?

Re: Union households tend to have $100k more in wealth than nonunion families

#30

Earlier quoted context omitted.

>Unionized workers are the only real backstop against corporate interests. This is only true if you yourself do not possess greater bargaining power by having certain rare skills, that are in demand. Which is why the report shows that higher educated people benefit far less.

Lawers are unionized but just name it something else. Etc.

Lawyers essentially have a guild. They set up systems like the Bar to prevent outsiders from plying their trade.

It has similar functions as a union but predates it by several centuries.

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