Swedish Ports Threaten to Block Teslas from Entering the Country
wired.com
wired.com
For me this is pleasant news. It's a nice change to see workers and labour retain some ability to project their power, which in turn is in the interest of the vast majority of people.
Since the inception of modern private capital, labour disputes have always tended to be skewed towards corporate interests but it seems that this trend has been rapidly accelerating in recent decades.
The company claims that they have at least as nice conditions without having to sign a contract?
That's not true. Their insurance coverage is not as good as what is in the collective agreement, they also do not pay as much into the pension and their wages are below average for what we have in the industry.
The company's employees lack:
• A complete package of insurances with Fora
• The comprehensive transition support contained in the main agreement between the social partners
• Wages are lower than the average in the Motor Industry Agreement
• Without a collective agreement, annual wage increases are not guaranteed
• They do not have the option of a part-time pension
• They also do not have reduced working hours
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They have another page with this example Motor Services Agreement: https://www.ifmetall.se/globalassets/avdelningar/forbundskon...
It states a monthly salary of 34107 SEK with 8.5 hour shifts (30 minutes of which is a break), and has a pie chart of various benefits.
P.S. Is private capital included in your definition of "institutions"? Or is it only labour unions that, at least on paper, actually represent the interests of the majority of people (since most people are workers and not shareholders).
> labour unions that, at least on paper, actually represent the interests of the majority of people (since most people are workers and not shareholders)
Though workers outnumber shareholders at some companies, Tesla shareholders almost certainly outnumber its employees due to (1) nearly all employees being shareholders from stock grants, and (2) unusually high retail investor interest (large number of shareholders)
Even if we consider pathalogical cases such as a blue-chip stock like TSLA that has become the focus of brief and anomalous phenomenon of retail trading, the magnitude of capital invested by retail traders into publicly traded companies is negligible, relative to the economic influence of traditional investors such as hedgefunds, and other whales in finance.
And even still, retail shareholders by definition engage in the economy primarily by selling their labour. That is how they generate the income required to put food on the table. Therefore they are still primarily workers and thus share the same material interest as other workers, as opposed to shareholders.
Therefore in every case we can say that the claim
>Tesla shareholders almost certainly outnumber its employees
is a misleading one, in this context.