Bhaskar Sunkara
speaker
1,609 appearances
1 recordings
1 series
first heard Dec 2022
last heard Dec 2022
Bhaskar Sunkara’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
There's all sorts of factors in which it's too difficult to start a firm, and it benefits no one really, except for whatever bureaucracy might be taking their 15% cut.
But in general, I think in advanced economies, it doesn't really work that way.
So think about it this way.
If you pretend like we're back, I'm sorry to go to Scandinavia again, but this is a good example.
Let's say you're back in the 1970s in Scandinavia or whatever else.
You're in a country with extremely powerful unions.
So the unions have a lot of labor rights.
The state has certain high taxation, certain guarantees on you, too.
But you're a capitalist there.
Now...
What would you do if your capitalist competitors in the U.S.
were able to pay workers $10 an hour and you have to pay them $20?
You would probably, and assuming you can't just flee or shut down or whatever else, you'd probably find ways to use labor-saving technology, right?
That works.
power of of the high wages might encourage you to invest more in technology and to utilize people's times better so they're more productive at work so they're not just like sitting around or whatever else so this really happened in practice in the scandinavian countries in part because it was combined with a certain type of um pattern wage bargaining so i'll explain this really simply but let's pretend that you're in a um
A sector with three different companies.
I would say an automotive sector, and I'll just say one is GM, one is Ford, one is Chrysler.
Now, all these workers in your sector are all unionized.
They're all, you know, Swedish UAW, whatever the equivalent is, members.
And they're all paid the same.
Showing 421–440 of 1,609 · page 22 of 81
← Previous
Next →