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December 2005
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Recent Posts Saying goodbye to Clive Cussler |
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| Bullying Tactics | 20th December 2005, 22:55 | |
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I love the BBC who are now reporting on strikes of public sector workers in New York. It turns out that the officials in New York are accusing the union of 'bullying tactics', by striking for more pay. So, what action do they take? Well, it's already illegal under state law for these public sector workers to strike, and to enforce that a judge is fining the union one million dollars for every day they strike. Interestingly enough, these sound like bullying tactics to me. Now, from what I've heard, America is quite big on free market. Now, under simple economic laws, this means they rely on the principle of supply and demand (and also that they don't like unions). In this situation, the workers are withdrawing their supply of service - the natural economic effect would be for the price of the service to rise, which is exactly what the workers want. Seems they don't like the free market quite as much as they think. This is exacly the same principle as Microsoft limiting the number of XBox 360's that they release, in order that they can charge more. Just because they are a large company and public service workers are individuals doesn't change the economics. |
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