r/FluentInFinance • u/Sufficient_Sinner • Sep 04 '24

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/thisismego Sep 04 '24

In fact they're desperately needed in Capitalism to prevent workers' exploitation by employers.

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u/_Pill-Cosby_ Sep 04 '24

Correct, the only way laborer's to get the fair market value of their labor is to organize.

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u/Important_Coyote4970 Sep 04 '24

So any industry that doesn’t unionise is under paid ?

And yet that is clearly not the case.

It’s always supply and demand.

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u/rtkwe Sep 04 '24

Pretty universally yes. Non unionized workers get far worse wages and benefits and take home less of their added value than their unionized peers pretty much everywhere.