The Long Term Effect of Government Unions
This is too good of a quote to pass up. Read the whole article at the Aleph Blog
My view of unions is that they slowly kill whomever they serve. Industries with high unionization die eventually. Countries that support unions die slowly as well.
Unions introduce inflexibility into the economic process which has a huge cost, eventually. Greece is controlled by its unions. They are willing to seek their own prosperity even if it leads to the destruction of the nation. They don’t think the nation will be destroyed, but think that there are parties in power that hold back value from them, and they must be opposed, deluded fools that the unions are.
via The Aleph Blog » Blog Archive » The Lack of Cultural Agreement Roars, the Eurozone Mews.