What Do Unions Really Do?

What Do Unions Really Do?

What do unions do? They cause inflation, unemployment, low productivity, and inequality. Hence, what they do is bad.

How? The high wages that unions impose cause inflation. The same high wages discourage employers from hiring workers, thereby causing unemployment. Union work rules interfere with efficiency and productivity. By dividing the working class into two groups—the unionized with their high wages and the nonunionized with their low wages—unions perpetuate and promote inequality. Hence unions are bad for most workers and for the society as a whole.

...

Lima