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zbyte64 commented on US Steel, once the largest corporation, agrees to sell to Nippon Steel   cnn.com/2023/12/18/invest... · Posted by u/ryzvonusef
missedthecue · 2 years ago
You mean... like tech companies?
zbyte64 · 2 years ago
A tech unicorn slays, but for how long? I do think the intention of most American tech companies is to financialize some aspect of the market, and that is lucrative and "slays" - but I think such arrangements are moats built with sand. Without that angle, a tech company is just another goods or service and looks less like Uber and more like the gaming industry.
zbyte64 commented on US Steel, once the largest corporation, agrees to sell to Nippon Steel   cnn.com/2023/12/18/invest... · Posted by u/ryzvonusef
alephnerd · 2 years ago
> ignore Nordic unions

In Sweden (the largest industrial hub in Scandinavia), unions don't collectively negotiate wages with employers - they collectively set wages across an entire industry with the government and business management (think Syndicalism, which is the primary industrial philosophy in Europe compared to the US).

Also, blue collar membership has declined after the 2008 Financial Crisis dealt a killing blow to Volvo and Saab. Blue Collar union membership in Sweden peaked at 85% in the 1990s but has fallen to 59% in 2019.

Some American unions (primarily UAW and Teamsters) would have to fundamentally reform in order to act like European unions, and they would assuredly fight tooth and nail against such a change. Also, the kind of sector level salary negotiations common in Europe might fall foul of American collusion laws, and might anyhow be unpopular with local chapters (hypothetical example: if UAW and all major automotive manufacturers decided to set wages at South Carolina levels nationally, that would be a pay cut in the Midwest).

zbyte64 · 2 years ago
UAW already went through some reforms which is arguably why they're experiencing a surge in popularity. In particular Shawn Fien was part of UAWD's 1 member, 1 vote initiative: https://uawd.org/

The characterization that they would eschew reform even when it would boost their popularity is not reflected in current events (certainly the managerial friendly unions of the past would avoid reforms)

zbyte64 commented on US Steel, once the largest corporation, agrees to sell to Nippon Steel   cnn.com/2023/12/18/invest... · Posted by u/ryzvonusef
Der_Einzige · 2 years ago
This btw is why Japanese cars are better than American cars.

It's objectively better to work in a unionized environment. Let's you be "lazier" and get away with half-asserey - great from the worker perspective but from the perspective of a prospective buyer, ideally your product is produced by people who work as hard as possible. The Japanese have a work-hard without half-assing attitude. This is why Toyota/Lexus have consistency the best build quality, stitching, etc in their cars. Their employees are mostly not unionized and not even paid particularly better than the American ones - but the Japanese work ethic is preserved.

This is also why "made in japan" toyota/lexus is prefereed to made in america/canada toyota/lexus.

zbyte64 · 2 years ago
We always ignore Nordic unions when ever we trash talk unions. If things were as easy as black and white then there wouldn't even be a need to debate, the productive non-union businesses would just slay and everyone would be working for them.
zbyte64 commented on US Steel, once the largest corporation, agrees to sell to Nippon Steel   cnn.com/2023/12/18/invest... · Posted by u/ryzvonusef
jessriedel · 2 years ago
Wages are lower in Japan, so I'm pretty sure the Japanese workers are paid less. Working conditions and job security are probably the same or better.
zbyte64 · 2 years ago
Job security is way better, work conditions are debateable because of a "work till you die" work culture.
zbyte64 commented on US Steel, once the largest corporation, agrees to sell to Nippon Steel   cnn.com/2023/12/18/invest... · Posted by u/ryzvonusef
verdverm · 2 years ago
The gov't might support an industry, but it should not pick winners in it.

Look at what's happening to GM, called Government Motors when they were bailed out, they seem to be headed down the same path US Steel is. Their thinking is broken

zbyte64 · 2 years ago
Are you saying GM's thinking is broken or the governments? GM did what was in their own best interests, the other was to declare bankruptcy - what company would have chosen different?
zbyte64 commented on US Steel, once the largest corporation, agrees to sell to Nippon Steel   cnn.com/2023/12/18/invest... · Posted by u/ryzvonusef
adastra22 · 2 years ago
Seriously? What citation is needed? The unions are why they didn’t switch to a less labor-intensive process. How is that a controversial statement?
zbyte64 · 2 years ago
Because the Nordic labor market is dominated by unions and is considered highly competitive on the global stage?

Or because to believe that propaganda as a "universal truth" it would mean unions are not self-interested entities (unlike businesses and people).

zbyte64 commented on US agency will not reinstate $900M subsidy for Starlink   reuters.com/technology/sp... · Posted by u/adolph
mulmen · 2 years ago
Sure, agree in this case.

But the point is that we are all equally capable of being wrong. Especially when we step outside our area of expertise. CEOs are just another type of expert but their domain is organization. We have to consider the source’s experience relative to the domain in question before we can decide if their prediction is trustworthy.

zbyte64 · 2 years ago
Both might be equally capable but the incentives are entirely different. An Engineer is motivated to deliver accurate predictions because that's their job. A CEO is not motivated to deliver accurate predictions because their main job is to hype their product and services.
zbyte64 commented on Fastmail Employees Form a Union   union.place/@fastmailunit... · Posted by u/tiffanyh
brightball · 2 years ago
How do you figure?

They have to compete against other businesses to hire skilled positions.

They have to create an appealing enough opportunity to get people to apply and continue to work there.

zbyte64 · 2 years ago
> They have to compete against other businesses to hire skilled positions.

Yes, but because they are a collective when they "purchase" skilled positions they are usually asking for more than one hire. Yes they are competing against other businesses, and the perspective hires are competing against the other hires. By the numbers, there are fewer businesses hiring then there are workers looking for that position. In other words, the businesses have more leverage then the workers in the form of purchasing power. The laws of supply and demand favor the business if there are no unions.

Edit: FYI: supply and demand for labor is equal when unemployment is at 0%.

zbyte64 commented on Fastmail Employees Form a Union   union.place/@fastmailunit... · Posted by u/tiffanyh
brightball · 2 years ago
They don't. But supply and demand still wins. A union may be necessary if there is a monopoly on employment. Nuclear power facilities for example.
zbyte64 · 2 years ago
Without unions, the logic of supply and demand favors larger businesses because they have greater purchasing power - they are already operating as a collective!
zbyte64 commented on Fastmail Employees Form a Union   union.place/@fastmailunit... · Posted by u/tiffanyh
JumpCrisscross · 2 years ago
There's also cost in coordination and agility--this is fundamentally true of any new bureaucracy, company, system or process.

I'm reading this as a sign of cultural stress unless we have evidence to the contrary. (EDIT: I didn't realise Fastmail has almost 1,000 employees, with many remote. That comes closer to where structure is merited, though I'd still argue that this points to dysfunction in the U.S.-HQ bridge given only the Americans are unionizing.)

zbyte64 · 2 years ago
The kind of coordination that requires less representation does not have your interests in mind.

u/zbyte64

KarmaCake day358July 17, 2014View Original