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Labor Unions

The general problem with power is the concentration of power into the hands of the few.

Labor unions can give labor more power but they cause a different type of instability within each country. Unions cause cost of labor to rise above a market level because they achieve a monopoly position within a market sector. Reaching equilibrium takes too long in a global economy because not all countries have unions for all employees.

We need a better way to increase the power of labor relative to capital. Markets need to be free to work properly - even the market for labor.

If we manage to Full Employment and Living Wage policies, labor will have the power to set wages based upon value provided.

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