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Perhaps. But that's cold comfort to someone who doesn't have a job because the company went out of business. You would have to be an enormous asshole to say "it'll result in a better equilibrium" to someone who just lost his job.
And its cold comfort to us all to basically say "let's all agree to slavery so nobody loses their jobs".
Earlier quoted context omitted.
Didn’t twitter get 3/4 people laid off? Seems to still work as of time of writing (x.com).
They cut quite a lot projects and side products (from tweet deck to different statistics and insights to ads), some other things they scaled down a lot (in the past one could read everything without being signed in, now they limit to sign in users, which certainly takes a lot of load and thus need to keep systems running) Also initially they had a lot of breakage.
FWIW, the union (CWA) via its Seattle affiliate tried to get OPT banned, a visa status that many readers of HN benefited from - https://law.justia.com/cases/federal/appellate-courts/cadc/2... . I encourage HN readers to better understand the relationship between unions and immigration before deciding whether they are in favor of joining/supporting unions.
An econ 101 observation: unions contribute to structural unemployment: Keeping wages above market-clearing levels, and by preventing wage adjustment.
Through collective bargaining, unions can negotiate wages that are higher than what the market would naturally set. This can lead to the cost of labor being too high for some employers, resulting in fewer jobs. Similarly, unions can prevent wages from adjusting to market conditions.
So for the common good, individuals may go without a job.
Funny how the "story" doesn't link to the announcement it mostly copied from the CWA.[1] Here's the link to the union organizing page.[2] No draft union contract for Id, though. Interestingly, this is an industrial ("wall to wall") union, rather than a craft union such as The Animation Guild. IATSE Local 839, in Hollywood. TAG only represents specific jobs, mostly animation artists. A key point in TAG contracts is ho…
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Real life jobs are nowhere near this clear cut. Overly protective unions result in lower levels of innovation. Please look to the EU and their --ZERO-- level of tech innovation and how their anti-business regulations have worked out. Question - if you think layoffs during high profit times are bad/immoral, then should employees also accept pay cuts when profits are low? Didn't think so. Think about that "power" dynam…
Unions don’t prevent innovation.
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Real life jobs are nowhere near this clear cut. Overly protective unions result in lower levels of innovation. Please look to the EU and their --ZERO-- level of tech innovation and how their anti-business regulations have worked out. Question - if you think layoffs during high profit times are bad/immoral, then should employees also accept pay cuts when profits are low? Didn't think so. Think about that "power" dynam…
Earlier quoted context omitted.
If the company's existence depends on the unfair exploitation of its staff, its foreclosure is inevitable and justified, and that is simply the price everyone involved must pay to maintain equilibrium.
That assumes that the union never unfairly exploits the company. I think historical evidence shows that unions sometimes do exploit the company (and that union leaders sometimes exploit the members). Humans exploiting other humans is a flaw of all of us, not just corporate management.
Somewhere, John Carmack, in his new conservative era, is seething.
FWIW, the union (CWA) via its Seattle affiliate tried to get OPT banned, a visa status that many readers of HN benefited from - https://law.justia.com/cases/federal/appellate-courts/cadc/2... . I encourage HN readers to better understand the relationship between unions and immigration before deciding whether they are in favor of joining/supporting unions.
Yes, unions can be protectionist about their work force, but there are international worker unions; maybe this is a European thing. An econ 101 observation: unions contribute to structural unemployment: Keeping wages above market-clearing levels, and by preventing wage adjustment. Through collective bargaining, unions can negotiate wages that are higher than what the market would naturally set. This can lead to the c…
The problem is that unions are only as strong as the NLRB which depends on the current administration. One of Trump's first actions was firing of a democratic member making them unable to form quorum, so it's not looking good for the rest of his term and the supreme court is likely going to bless that firing making it even more susceptible to executive branch meddling in the future. I also would like to see better 't…
1) for people that aren't in a union, make labor lawyers easy to use. there could be an app used to walk you through gathering evidence about various workplace violations (osha/safety stuff, wage theft, etc) and then hook you up with lawyers in a two-sided marketplace. workers would get easy represenation, lawyers would get a stream of clients that show up with a nicely formatted bundle of evidence. it could even work to find conneted cases could get bundled into class actions.
2) when everybody worked in the same office/shop floor, you could easily commiserate and start discussions about unionization and collective action. if you're an app-mediated gig-worker (uber drivers, door-dashers, etc) you don't know how to connect with your coworkers. there needs to be a social platform where people would be able to make these connections. to do this, you'd need a way to verify that users are actual employees and put in various protections to make sure management isn't spying on them.