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Originally Posted by sebastian_dangerfield
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Nick Hanauer's been nailing related issues for years. (I see minimum wage and unionization as near indistinguishable items in terms of the broad economic debate about the inequality between capital and labor. I also see labor as a form of capital and think the distinction between the two is artificial [They should both be considered "assets," and leave it at that].) |
Minimum wage and unionization are each tools. There are other tools too - like having employee representation on boards, for example, something I deal with in Europe that drives American corporate leadership bonkers but that they just accept and work with.
The key is the imbalance. If you don't find tools to fix the imbalance, and leave SEC to separately negotiate her wages for commodity work like union-bashing with Mega-corp., SEC will end up working for squat and riding a bicycle instead of driving a car. And as we all know, bikes suck (hi Adder!).
