Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Why is it legal for unions to set wages?
Why is it legal for people in unions to cooperate together to set wages, while it's illegal for companies to set prices?
I'm very much pro-union (it's the only way for less-skilled workers to have any meaningful bargaining power), and I'm very much for healthy competition between businesses. I'm just curious how law makes the distinction between unions agreeing on wages, and businesses agreeing on prices.
2 Answers
- Anonymous1 decade agoFavorite Answer
A contract of employment is just that, a contract between employer and employee. There is no law preventing employees, either individually or collectively, from negotiating the terms of their salary. NOT allowing workers to negotiate the terms of their salary seems very anti-capitalist to me.
- Anonymous1 decade ago
I do not believe in unions.
A person that hires someone hires THAT person they didn't hire the union.
You said it yourself. The less-skilled worker Needs the handicap of the union to make more money than they deserve.
I believe you get paid for the value of what you can produce. If you can't cut it in the job your in. Find one that paid for the talent you have.
Don't steal it because of petty because your in the wrong profession and really don't deserve that paid rate in the first place.
I see there are a lot of union answers here.