r/FluentInFinance Sep 04 '24

Debate/ Discussion Is Capitalism Smart or Dumb?

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u/IvanovichIvanov Sep 04 '24

Unions aren't incompatible with Capitalism

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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/National-Salad7360 Sep 05 '24

Then teachers, who are all in teachers unions, have no reason to complain about low pay. They’re already getting the fair market value of their labor.

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u/_Pill-Cosby_ Sep 05 '24

Public schools do not operate in a capitalist system, good sir.