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View Diary: Prevailing wage and where is Organized Labor going? (25 comments)

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  •  That's in a free market (0+ / 0-)

    You can't really google for "Fair Trade Laws" because fair trade has different meanings now. Short version: manufacturers could, and I suppose in some jurisdictions still can, enforce minimum prices that were more than the fair market price would be.

    We know what the fair market price of laborers without a union is. Can you explain why the union wage is double (plus) that? We're seeing union wages for a few, and crappy for the rest. And I wonder if the few aren't picked nepotistically.

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