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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: koan who wrote (68621)9/5/2007 3:49:17 PM
From: ballsschweaty  Read Replies (2) of 116555
 
I did answer your question. I said this:

Great companies treat their employees very well. Not because they are forced to by unions or government rules but because they figured out that it's good business. When you treat employees well, they will treat customers well and the company will be very profitable as a result. Look at Southwest Air and Whole Foods.

Unions served their purpose 70 years ago but they got greedy and times have now changed. Great companies have figured out that treating employees well is good business. Unions are now obsolete. The free market will eliminate them.
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