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SportTrac Discussion
Engine & Drivetrain
The Law of Supply and Demand At Work
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<blockquote data-quote="John Mastrocco" data-source="post: 565266" data-attributes="member: 54595"><p>The fact that you put "Collective bargaining" in quotes makes me believe you are being totally facetious. </p><p></p><p></p><p></p><p>In reality, OPEC has nothing to do with "collective bargaining" or any other kind of bargaining, for that matter. OPEN is a cartel that effectively forms a monopoly. OPEC can set whatever production amount it's members agree on without any input from their 'customers' and then follow those output levels as a group.</p><p></p><p></p><p></p><p>Unions can't do anything without an agreement from their customer - the company for which they work. Sure, they can strike and withold labor, but the company can also work around that strike in whatever way they can manage. (You are free to call a strike 'extortion' if that's how you view it, but it's still not anything like OPEC.)</p><p></p><p></p><p></p><p>Bargaining requires two groups to enter into an agreement. I don't ever remember being given the opportunity to decline OPEC's 'offer' - or OPEC even making an offer. For a Union to be like OPEC they would have to be able to tell management they will get more money for less work and management would not have any say in the matter whatsoever.</p><p></p><p></p><p></p><p>I don't see any correlation whatsoever. One dictates (OPEC), the other bargains (Unions.)</p></blockquote><p></p>
[QUOTE="John Mastrocco, post: 565266, member: 54595"] The fact that you put "Collective bargaining" in quotes makes me believe you are being totally facetious. In reality, OPEC has nothing to do with "collective bargaining" or any other kind of bargaining, for that matter. OPEN is a cartel that effectively forms a monopoly. OPEC can set whatever production amount it's members agree on without any input from their 'customers' and then follow those output levels as a group. Unions can't do anything without an agreement from their customer - the company for which they work. Sure, they can strike and withold labor, but the company can also work around that strike in whatever way they can manage. (You are free to call a strike 'extortion' if that's how you view it, but it's still not anything like OPEC.) Bargaining requires two groups to enter into an agreement. I don't ever remember being given the opportunity to decline OPEC's 'offer' - or OPEC even making an offer. For a Union to be like OPEC they would have to be able to tell management they will get more money for less work and management would not have any say in the matter whatsoever. I don't see any correlation whatsoever. One dictates (OPEC), the other bargains (Unions.) [/QUOTE]
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SportTrac Discussion
Engine & Drivetrain
The Law of Supply and Demand At Work
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