Why do they prefer spending time and money in anti-union law firms instead of investing in their workers? Also why are labor rights up to discussion in these times?
In: 3
It’s nowhere near 1:1.
In addition to the labor cost being enormously expensive (ratcheting up) vs the value of the labor (going down because of protectionism), and forced inefficiencies in the labor chain, if a company has to constantly worry about carrying finances and payroll through strikes, they have to constantly run fat and decrease investment to keep cash on hand.
That’s bad for the economy, bad for the company.
Think about it this way – would any business rather pay off a mafia protection scheme if the mafia is constantly asking for more money and threatening to destroy the business if you don’t pay them off, or would the business rather donate to the police to try to get law enforcement better resources to cut that out?
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