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RE: The Minimum Wage Carrot

in #philosophy6 years ago

My mistake mate. Sorry. As for the video, I think the Union system in the US is different from the way it is in the EU now. Years ago, the unions were militant leftwingers but they got a hiding and lost a lot of power in the 80s when the govt. crushed them. This in many ways became a good thing as it meant the governments, especially the EU as a whole introduced our minimum wage rates and a lot of other labour laws in an attempt to make the unions impotent. Unions cost many jobs in the UK in the 70's and 80's through not accepting modernisation and making unreasonable demands.
Of course, this is a double-edged sword as it was simply a power change from union to government.....out of the frying pan into the fire, but at least these days, unions are still around as buffer zones between employer and employee and offer many great services, without forcing employers into paying huge wage rises, for example, they can't afford.
Problem with big business is that all they care about is share price and keeping investors happy. I think this is sadly becoming a parallel with Steem in some respects.

I do think these notions come from a more left leaning mind because on the opposite spectrum, it's more of an "if you can't pull yourself by the bootstraps, that's not my problem"

I hear you on this point!
Life is bloody complicated. Always looking for that balance!!

As a matter of interest, I was reading up on US employer law a few days ago and is it right, there is no statutory maternity or paternity paid leave there? and what's the deal with regular paid holidays please ? I love looking at comparisons between 'systems'!