99-year old trucking company Yellow shuts down, putting 30k out of work • Hacker News Board

Re: 99-year old trucking company Yellow shuts down, putting 30k out of work

#141

Post by annacappa » Tue, Aug 01, 2023, 6:31 AM UTC

sosodev wrote: post #125

jimt1234 wrote: post #90

My dad worked for Yellow on the loading docks from the day he returned from Vietnam to the late-90s. He earned a good wage for a guy who only graduated high school; provided a solid middle-class life for his family. And it was all because of the union. The Teamsters was like religion to my dad. I always respected the union for what it provided for my dad and his family. I can't stress that enough. However, I can't fo…

Plenty of companies have corrupt, inefficient groups of employees without unions though.

100%, lots of people steal from their employers and lots of corporations are super corrupt. In fact there are lots of corrupt cops, plenty of openly corrupt politicians (who take money from corporations and interest group to support their causes - against the interests of their constituents).

Why is it that "unions are corrupt" is basically the only thing people say about unions in the USA. That's some next level propaganda.

Re: 99-year old trucking company Yellow shuts down, putting 30k out of work

#142

Post by c_apocalypticae » Tue, Aug 01, 2023, 8:42 AM UTC

annacappa wrote: post #141

sosodev wrote: post #125

Earlier quoted context omitted.

Plenty of companies have corrupt, inefficient groups of employees without unions though.

100%, lots of people steal from their employers and lots of corporations are super corrupt. In fact there are lots of corrupt cops, plenty of openly corrupt politicians (who take money from corporations and interest group to support their causes - against the interests of their constituents). Why is it that "unions are corrupt" is basically the only thing people say about unions in the USA. That's some next level pro…

Proof positive that Americans are among the most propagandized people on the face of the Earth.

Re: 99-year old trucking company Yellow shuts down, putting 30k out of work

#143

Post by ajsnigrutin » Tue, Aug 01, 2023, 3:59 PM UTC

Buttons840 wrote: post #93

Silverback_VII wrote: post #80

Earlier quoted context omitted.

>Why are industries dominated by large unprofitable companies? The logic is quite simple: by undercutting your competition, you aim to quickly drive others out of business and secure a monopoly. Once in such a position, making a profit becomes much easier.

Every time I think about this I keep coming back to anti-trust enforcement, we need more of it. And perhaps a single entity having enough money to essentially buy an entire industry isn't a good thing.

The problem is, that the thing that's happening is shirt-term good for the users, and people don't want any government action until it's too late.

If i start offering $5 oil changes (oil included, price difference covered by VC money), that's good for the consumer... then all the other shops close down, but consumers still get the $5 oil changes... then I hike the price, and only then people start to complain. And if you close me then, who will change your oil?

Imagine government banning google for offering free email and killing most of the competition back then... people would complain, a gigabyte was a HUGE amount of space for then, and all that for free!