Emeritus Prof Christopher May on Nostr: The collective action issue in capitalism: collective action by workers: bad, ...

The collective action issue in capitalism:

collective action by workers: bad, disrupts labour markets, undermines competitive pricing of labour.

collective action by investors, via stock markets & shareholding: vital to the workings of capitalism & must be protected & fostered at ever step.

It doesn't have to be this way, but it is.

#capitalism #unions #workers #investment