Way to go, Mish --- Funny how it's OK for everyone else to negotiate their price, but not unions. Not working people.
It's OK for management to make bad decisions, mistakes and wreck companies, but not unions.
Unions bad, management good. Straight out of Animal Farm. Don't check the facts, just trash working people.
Globalization and wage arbitrage are breaking workforces around the world, and you want more of the same. Whatever management says is right. "Yes, sir!" Ordinary people are starving and freezing in tent cities, Wall Street is costing taxpayers trillions, and your priority is attacking working people.
We all know that globalization will force wages down to the lowest global denominator - and when one round finishes, the next will begin. Globalization does not make things better for ordinary people - it just gives them cheap shirts.
I often agree with your opinions, and it's your thread. You have the right to advocate whatever you want.
However I expected a balanced outlook; we all know that eventually globalization will force union and non-union workers to match the lowest global wage level anywhere. If they don't match or beat foreign wages, the industry will shut down and move. It won't matter whether the inefficiency is caused by management mistakes, because workers will pay.
Unions must adjust to the new economic realities caused by colossal incompetence and stupidity (never mind criminal behavior) among the nation's elites. They will, slowly. Of course, some will get it wrong, just like their overpriced and egotistical rock-star CEOs; then, the enterprise will die. Management -- bad management -- has killed more profitable enterprises than unions ever did.
Unions only have one "right": the right to negotiate, a hard-won right, and apparently one you dislike intensely. Well, at least get your facts straight.
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“Hopefully the company recognizes the significant votes as a signal that they ought to get back to the bargaining table and put a Canadian solution to this … rather than trying to impose a Brazilian solution on it,” Mr. Fraser said Monday.
The price of nickel has skidded to less than $7 (U.S.) a pound from more than $20 a pound in 2007, and Vale's chief executive officer, Roger Agnelli, recently claimed that Sudbury is his company's highest-cost operation and is “not sustainable” at current operating levels.
However, former Inco executives said the company was consistently profitable at similar nickel prices just a few years ago.
“They just want to break the union. They want to completely hit the reset button on the entire labour situation and the agreements that have been put in place in the past,” said a former Inco executive who spoke on the condition of anonymity."
theglobeandmail.com
Jim |