The union/employer relationship is inherently hostile. The whole idea is that unionized employees can threaten production/profits as negotiation leverage.
Choosing that path means the employees have already given up on cooperation based on goodwill. It must take a very sour relationship to reach that point.
https://en.wikipedia.org/wiki/European_Convention_on_Human_R...
It is wacky that my ability to see a doctor is depends on my job. Losing my job and experiencing a medical emergency is a scarier proposition than losing a month or two of pay for me, tbh.
Do you have any source for this? It seems hard to believe but I haven't been able to find any studies yet. The best I've found so far says unionization has no impact on business survival: https://www.princeton.edu/~davidlee/wp/unionbf.pdf.
I'm also skeptical that you could really study this effectively, since non-unionized employees tend to benefit when unions are formed elsewhere in their industry. You'd need to compare a group of companies that unionized against a group of similar companies in the same time and place that didn't unionize and also were completely unaffected by the mass unionization of the first population.
Also I'm not sure what "supporting logic" is, I presented my logic and you can disagree with it if you want (usually using different logic, which you haven't presented), but there's no such thing as "supporting logic".
I don't think you understand what the price of a stock means ...
Well, the context here was your assertion that unions don’t act in the “long-term interest of a business”. Now, most people understand that share prices are bets on the future value, but also that it’s not a direct relationship because there’s an inherent tension between long-term and short-term interests. That plays out in questions about how much or whether to pay dividends (which has seen a big multigenerational shift in investor preferences), and whether a move which raises share prices is a long-term detriment.
We’ve seen a lot of the latter discussed here lately with tech companies doing broad layoffs to satisfy activist investors, despite research suggesting that companies making unforced layoffs tend to underperform over the long term.
Maybe neither side is planning on doing anything hostile, and they are all happy to have things clearly defined.
Edit: to add, I am not at all opposed to unions. They provide a valuable service in many industries.
I can absolutely see the benefits of a union if I felt I was being paid below my worth, if I was dealing with poor work conditions, or had no company provided insurance.
Which is the point of this conversation, when things are bad, you REALLY want a union. When things are good, it's hard to see the value of a union.
Definitely not how it works in Europe. Unions make it easier for companies to have predictable relationships with their workers, and sector-wide unions mean that a company doesn't have to worry about a labor agreement putting it at a competitive disadvantage.
The boss/employer relationship is inherently hostile. The whole idea is that bosses can threaten employment/wages as negotiation leverage.