And I really dislike Unions !!!
Union work rules, grievences, etc are often wasteful and annoying.
CEOs, VPs, Boards, etc and their self dealing are even worse.
How did people become so greedy and self centered?
I guess it is just our culture...
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i see these things as a conflict between labor and shareholders. Managers represent shareholders. While managers may be excessively compensated, and they may be jerks, that is a shareholder, not a labor problem.b
I am a Democrat, and a pro labor guy, but I am also a shareholder in various enterprises, and to better understand what is going on sometimes I put on my shareholder cap. Consider the strikes in the entertainment industry in which I hold a few shares of Disney. Here is the problem as I see it. Actors and writers are saying they don't make enough money, in various ways, and I agree with that. But my Disney shares have lost half their value in the past couple of years. What sense does it make me to pay them more if it means my investment is worth less? Why don't I take my Disney properties and turn them into condominiums and time shares, which would be profitable for me, but would have the side effect of taking people who aren't making enough money and throwing them out of work altogether? I haven't done that, partly because I believe in the business and the people who work in it, and I am willing to forego possibly more .investments because of that. But what that seems to mean is that I am sort of evil capitalist entitled to no benefit from my investment at all. Is it any wonder people are looking for somewhere else to put their money?
==Hiram
The writers seem to have settled. What it looks like to me is that the new deal means less work at higher compensation. It's just my opinion that the media business right now is a Ponzi scheme but in a nice way. I don't know if any labor agreement will change that.
--Hiram
I assume the writer and actor contracts just provide a compensation floor.
And the really skilled staff makes more...
The floor for writers and everyone else in working class media is zero. Hardly anyone in Hollywood makes 20 million dollars a picture.
--Hiram
Well it is not zero if they a skilled enough to be employed.
That is why they went on strike.
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