georgia_tech_swagger Wrote:Schadenfreude Wrote:georgia_tech_swagger Wrote:Maybe GM / Ford / Diamler Chrysler could do it if they weren't dishing out to a union, being forced to pay wages in a fixed market. That's a large drain on budget....
What are you suggesting?
Autoworkers should donate their labor for free?
I'm suggesting the union be dissolved and allow free market forces to determine wage rates.
Corporations are not natural. They exist because we the people allow them to exist. And the fact that we allow them to exist is just one of the innumerable ways we set the rules by which our "free market" will work in practice.
In America's early days, corporations were a new concept. State legislatures typically reserved the power to grant corporate charters to themselves. They allowed corporations sparingly, and for specific, relatively narrowly-defined purposes, often with the public good in mind.
In that era, it was common for states to dissolve corporations for exceeding the mandate of their charters. (This concept is known as "quo warranto." A Google search on this term is fascinating stuff). Corporations that exceeded their state mandate were seen as acting in rebellion. Most people deeply distrusted corporations, and it was good politics to tightly police them.
Times have changed. Few people know what "quo warranto" means, even though it is still on the books in many places. And corporate PACs are so influential that few politicans rail against corporations in the way that was common in the 19th century.
But one essential fact has not changed: Corporations are allowed to exist because we the people have chosen to do so.
Ford Motor Company is now a multinational that brings in $169 billion worth of revenue each year. It is an immense concentration of economic power and it has the power to influence markets in all kinds of ways. At the end of the day, we allowed that to happen.
Yet, against all that corporate power and potential to influence markets, you suggest employees should stand alone, naked?
I disagree.
Collective bargaining is a basic American right. It is the market at work -- just one more way that we the people have decided to allow it to work.