opebo
Atlas Legend
Posts: 47,009
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« on: May 19, 2004, 07:18:36 PM » |
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Labor unions actually don't do any good for their members - any monopolistic attempt to artificially raise prices for a commodity such as labor will only cause the buyer (employers and ultimately consumers) to look for alternatives - such as overseas, automation, etc. It automatically leads to unemployment. I think the only way labor unions can artificially inflate the price of labor is with government force - for example protectionism - violating the rights of buyers.
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