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THERE ARE AT LEAST TWO SIDES TO EVERY STORY
THERE ARE AT LEAST TWO SIDES TO EVERY STORY
Amazon workers forming a union is bad news, believes Hannah Cox of FEE. Unions raise wages for a select minority of workers, leaving everyone else worse off. This also means higher costs for consumers as raised wages have to come from somewhere. As the price per employee goes up, companies will also start hiring fewer people. This means negative aftereffects across the whole economy. Additionally, unionized companies whose salaries and prices increase are likely to see their share price fall. This can also harm workers who are offered stock options. Amazon's employees would be better off not getting unionized.
Keep on reading at FEEThe establishment of Amazon's first union is a huge win for workers, writes John Logan of The Conversation. This movement was born from pandemic conditions, which Amazon and other workers saw as unsafe with inadequate compensation. Even in the face of great adversity from Amazon, they started a union that will help them fight for better working conditions. This is historic and mirrors similar drives by Starbucks' workers. Often painted as out of touch with companies and employees, these unions, formed by colleagues standing side by side, are a tool to correct the power imbalance they have long suffered from with their employers.
Keep on reading at The Conversation
