From whom, to whom?

More

Another random thought on workers and bargaining power: one of the reasons that I think that progressives assume that workers as a class have less bargaining power than employers is that workers with bargaining power generally use it to extract high salaries, whereupon they pass out of the class "worker" and into the class "wealthy".

Progressives don't simply want workers, as a group, to have as much bargaining power as employers; they also want that power to be distributed much more equally within the group. In that reading, one might argue that some significant portion of union redistribution is not from "employers" to "workers" but from "workers with bargaining power" to "workers with less highly demanded skill sets". Though I imagine that progressives would dispute that view.

Jump to comments
Presented by

Megan McArdle is a columnist at Bloomberg View and a former senior editor at The Atlantic. Her new book is The Up Side of Down.

Get Today's Top Stories in Your Inbox (preview)

Adventures in Legal Weed

Colorado is now well into its first year as the first state to legalize recreational marijuana. How's it going? James Hamblin visits Aspen.


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Adventures in Legal Weed

Colorado is now well into its first year as the first state to legalize recreational marijuana. How's it going? James Hamblin visits Aspen.

Video

What Makes a Story Great?

The storytellers behind House of CardsandThis American Life reflect on the creative process.

Video

Tracing Sriracha's Origin to Thailand

Ever wonder how the wildly popular hot sauce got its name? It all started in Si Racha.

Video

Where Confiscated Wildlife Ends Up

A government facility outside of Denver houses more than a million products of the illegal wildlife trade, from tigers and bears to bald eagles.

Video

Is Wine Healthy?

James Hamblin prepares to impress his date with knowledge about the health benefits of wine.

Video

The World's Largest Balloon Festival

Nine days, more than 700 balloons, and a whole lot of hot air

Writers

Up
Down

More in Business

Just In