The Most IMPORTANT Labor Reform in The U.S.? | California Votes for Workers Councils

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Thanks for watching everyone. Feel free to leave questions, comments, and your general thoughts about my analysis or this issue in the comments below.

#Economics #California #SectoralBargaining

0:00 Introduction
0:29 Sectoral Bargaining in California: Good? Bad?
9:34 Will this make inflation worse?
15:44 Why I like this legislation
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10:12 "the 'living wage', now calculated at $22 to $43.." $22 itself is a ridiculous living wage. $43 is unthinkable. This is what we need to focus on now. Building more housing so that this nightmare isn't forcing wages up as well.

secondengineer
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Unions are such a double-edge sword. They can generally help workers achieve better working conditions or they become parasitic entities literally killing the business inside. What going on with Holland shipping is a good example. Also the history of criminal group commonly using unions as fronts for political or economic control.

Unions require just as much oversight as the business itself

Flyingclam
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I wonder how this will play out in the long term given that the state government effectively acts like a tie-breaker. This type of system was actually put into place in Fascist Italy during the early years to appease the left/syndicalist branch but, at least in that instance, ended up being fairly ineffective once the syndicalist influence started to die down and the state started to always side with the employers.

Camorune_
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Come on EB why would workers need collective bargaining as long as they can always start YouTube channels about economics?!

Blabla
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12:12 sometimes it is cheaper to get a 4 for 5. Like if you haven't got paid yet, and you only got like 13 dollars left. you won't be able to buy the bulk food. To technically make cheaper meals.

TheBlackstarrt
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Always 'interesting' to see defenses of low wages through their benefits to poor households. I wonder if you ask these business lobby types what the quality of life of a fast food worker ought to be, what their answer would be.

maxbardsley
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Newsom's criticism is 100% fair. Fast food is a totally arbitrary type of business to target.

spacetoast
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Man if only wages were pegged to the productivity of each workplace...

Coolsomeone
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Another well meaning program that will only lead to greater unemployment and more people on welfare.

With how little these types of ideas actually help the people they're trying to help I can't help but put my Alex Jones hat on and ponder whether the extreme stratification happening in California is on purpose.

seriouslyshortofnormal
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To add a bit. Those that are in union's position of power are the most authoritarian personalities. But unlike thoses that had to learn to manage people, they are particulary agressive and harrasing. Moreover thosebthat are marxis view relationships only as power relations.

When they are in line with the manager, they are a way to exerc power withouth any responsability.

You would trade a power you know for one largely worse.

remi_
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Hey Eb. Please look how things are going in countries where union are mandatory.

With partalel hierarchies, more power games, more harrassement to adhere to the right syndicate (even when you hate their politics) and threatening your country entire sectors for personnal gains.

remi_
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Can answer yes or no will the cost of services go up for people in CA if the workers unionized?

I get that there are issues with fast food workers being treated less than ideally but we are talking about r3tard tier employment. These jobs are not meant for people to earn a living wage. Anyone with half a brain is capable of finding more gainful employment

fire_rises