How would you defend the unionization of such companies as Walmart or Toyota?

Question

Explain in economics terms. Thank you!

Answer 1

To begin with , one would have to know the creed and ordinances(rules) outlined in their Union, Sheet metal workers, Carpenters, Nurses, Doctors, Even Law Enforcements have formed Unions in which Dues are paid to be a part of and as a Union member, you are bound and regulated by their Rules and Regulations.
These guidelines are strictly enforced. But, on the other hand; they reep certain benefits, salaries, bonus's that usually are above the norm in their Fields and their area's. They also have a strong brother or sisterhood that is why you always see people on strike, generally they are pushing for higher Salary and or stronger benefits. This is virtually impossible for the common worker to do, because,Well, they would simply be FIRED. Even many professional Sports and Teams are Unionized, So in the Defense, It is Simply Common place for Unions formed in these United States. The Allowances for this is simply weighing in the good with the bad.

Answer 2

Well, I'm not sure what to write here. How specific do you want me to be (economically speaking)? I'll be general and edit later if necessary.

I'm a supporter of the UFCW's effort to unionize WalMart Stores. My rationale is simply that WalMart has the right to organize. They can and do set wages and benefits for employees in Bentonville, Arkansas. Local managers have very little power to negotiate with new hires or current employees.

Workers should have the right to collectively negotiate with Bentonville. The ONLY way they can do that is with a union.

Economically, I think it would be a net-positive for the economy. WalMart workers are typically only one financial slip away from abject poverty. They (and there are millions of them) do not contribute much to their local economies. If they are paid more, they can then spend their paychecks as they would like, which results in a much more efficient marketplace. They can put money in the pockets of WalMart, Target, or the mom and pop store down the street. The alternative is that the money goes to WalMart's stockholders, and WalMart's largest stockholders are company executives and the Walton family. Look at the Forbes' list of wealthiest people. There are a BUNCH of Waltons in the top 15 or so...all billionaires.

The idea that unions are inefficient for the economy is, in my opinion, a myth. The wealth of a society shouldn't be concentrated so much. We're all better off when millions have money to spend on the things they want and need.

Answer 3

don know
unionizing can lead to better leverage at the bargaining table
but it's got it's bad side also. union fees, pressure to join, corruption, etc...

Answer 4

I wouldn't-I am extremely anti union!!!