Quote:
|
Originally Posted by flstf
Why is it such a bad thing when workers organize in an effort to gain some job security when many executives have insulated themselves from market conditions by giving themselves golden parachutes, etc..
Of course, once again two wrongs don't make a right, but Isn't it ironic that many captains of industry preach free market and capitalism while at the same time protecting themselves from both (regardless of merit).
I will agree that in recent years it seems like unions have gone overboard but they are probably just pikers compared to our corporate and political leaders.
|
Only a very very small minority of 'executives' are of the golden parachute class. Most are slobs who work 40+ hour weeks, have their 401k, and don't get overtime. A few overpayed execs are not a drag on the economy or efficiency, but unions sadly have become so. They are still needed but not in their current form.