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Will Wilkinson 🏳️🌈@wlknsn.xyz |
No-fault safety net exit option for workers is horrible for exploitative bosses. As a rule, it seems that if the choice is between a bigger share of a smaller surplus, based on stronger bargaining position, and a smaller share of bigger surplus with more equal conditions, firms prefer former.
1 replies 1 reposts 10 likes
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Will Wilkinson 🏳️🌈
@wlknsn.xyz
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I think, psychologically/ideologically, firms prefer slightly smaller profits if that's what it takes to maintain a sense of control over workers. Less competitive and efficient labor markets is a price worth paying for security in power to treat labor as a commodified input rather than a partner.
1 replies 1 reposts 15 likes