dusty wrote:Is that good or bad?
In your examples - do these make for good economic conditions or do they inappropriately drive up costs?
Dusty
There is good and bad in all of it. If men of integrity are not in charge in the company, workers will get shafted and everything will be about profit and who has the most power. Likewise if men of integrity are not in charge of the union they will drive up labor costs and do everything they can to cut into the profit.
Same in congress when men of integrity serve this country benefits, when men of no scrupples serve this country is weakened. As society has integrity benefit programs help those in true need. When the society laughs at intergrity people try to get as much as they can for as little effort as possible.
Someone mentioned Bethlehem Steel one of the biggest steel companies in the world and it is gone today. What caused it's demise? Corrupt management and corrupt unions. The company took profit instead of updating and developing new techniques. People were put into position not because of their capabilities but because of their pedigree (college).
Soon the upper managment was filled with opportunitistic bean counters.
On the union side they forced the company to keep men that should have been fired for all kinds of reasons. They forced the company to have more people than were needed to do most jobs. And they forced the company when it had to lay off to get rid of youngest rather than the worthless. The Unions resisted new technology requiring the company keep the same number of men that was required for the old method for the new.
End result both the company and the union are responsible for the demise of steel industry and Bethlehem Steel in general. They forced up prices, they stalled on using new techniques, and cut down on productivity.
The problem isn't unions or management. It is
integrity and all that goes with it.