Elon Musk sits down with Andrew Ross Sorkin at the 'New York TImes' DealBook Summit' on a wide-ranging interview including anti-semitism, an advertiser boycott, Tesla, AI and more.
Pay people enough and they may not need a union but that’s not what has happened historically. Working people have no leverage to negotiate as individuals against a multi million-billion dollar organization unless they have an organization.
@@dankz7061 Because companies pay donations and have lobby groups. Why? To influence public policy. Get rid of political donations (legalised briary) and lobby groups and the, and only then, would your statement be true. Because when you break it all down, companies and lobby groups are just another gang of people out to maximise outcomes for themselves. So why shouldn't workers have their gangs too?
Whether you are a slave, or a worker, or a bourgeois/business owner, or an aristocratic landlord, you will never felt satisfied. "Enough" is never enough. If you think you generated much more value than you get back, you will find it easy to get a better offer elsewhere. Multi billion dollar corporations are actually the ones that are most receptive toward unionization and regulation, since they can stifle their competition by dramatically increase the cost of doing business for newcomers. Thus maintaining their position in the industry. In such highly regulated and unionized environment, both the workers and the business owners can enjoy relative stability, at the cost of innovation and customer satisfaction. That is till competitors from abroad, which operated in much more _laissez faire_ environment hit you hard with their cheaper and more innovative products.
@@barrytelesford5265 It doesn't really though. It suggests their demand will increase for quality goods while decreasing for inferior goods. Elasticity of demand still applies, as does substitutional goods. Just because I have 3x as much money as my friends, doesn't mean I wear 3x as many clothes. Maybe just slightly more expensive ones, but there's still a point of decreasing demand, and arguably my clothes are a lot better made and so last significantly longer. One doesn't become a pillock just because one's fortunes change. Most wealthy people have significant wealth tied up in illiquid assets, money they really (obviously) don't need.
I can't speak for the American perspective of unions, however, I couldn't imagine a day at work here in Denmark without the concept of unions. Without them it would feel like a wild west market with no reciprocity between employer and employee. You don't want government set rules but for society to shape them through the free market. It's a big safety net for families and creates better transparency in a working relationship.
I have no idea how Americans got talked out of strong unions. It's why our society has completely eroded. But it's our life now, work hard and set yourself up right or die in the street without healthcare. I'm fortunate that I'm a software engineer who is good with money, but many others are not so fortunate.
America is overrated. The most commonly cited reason for bankruptcy is medical debt. The leading cause of death amongst minors are guns. Conservatives here don't even want school lunches to be free for kids. They are willing to let impoverished children go hungry.
@@ssiko52 Most Americans don't even know what a union is. They really have no idea what unions are, or how they work. All they are told is that greedy union bosses come in and take part of their pay. That's all they are told.
Then the company you worked for was trash for not providing that without one. The difference here is Tesla provides great benefits to all their employees, including top healthcare coverage and stock options for part ownership in the company. The more successful the company, the more the employee makes. When a company structures itself properly all a Union is going to do is disrupt things, create division and promote bad work ethics.
@@Tiigerr You're expecting companies to structure themselves to benefit employees out of the good of their own hearts? Companies work for their shareholders' interests, not their employees. Your example with Tesla is moot since they don't provide healthcare to all of their employees and have a history of breaking labor laws to silence people who work for them. That's not even getting into the international troubles with countries like Sweden. Put down your Elon pom-poms and learn the benefits of organized labor.
Unfortunately We don't live in an Ideal world. Companies are greedier than ever. Unions are the only way to get a honest days pay, for a honest days work.
No. If the company offers a good rate of pay and benefits, people will want to work there. Too many unions think they deserve the same as the risk takers when they don't risk a thing. They should trade a good day's work for a fair wage. If it's not a fair wage, don't work there. The company will need to up their game to the point that they attract people/workers.
You forgot Pension, and the most important. A safe workplace, because that is the Law. Problem is too many companies and even Unionized companies, because of the CEO’s only take care of the shareholders and put the workers in danger. Non union crap jobs usually take advantage of immigrants, or temp workers. Temp workers get the most unsafe jobs because they are too scared to be sent home. Do not know the law. I live it and work it and see the abuse. If big business did’t cheat the workers, you wouldn't need Unions. But over 130 years later, they still cant figure it out. So the Need for Unions will always be. Plus all the union dues are tax deductible. another bonus. Unions earn their money. These are the FACTS. NO DISPUTE!!!!@@TeutonicNordwind
@@TeutonicNordwindMany workers can’t pick and choose. I live in Australia where we have universal healthcare, universal compulsory superannuation, 5 weeks annual paid holidays and many other benefits. These conditions were achieved by unions and the Australian Labor Party. Also we have the highest minimum wage in the world. Musk is a fair weather boss!
Ive worked in good unions, that stood up for me every chance they got, but I've also worked in two terrible corrupt unions that robbed me and my coworkers for their own benefit and really left a bad taste in my mouth. I think it totally depends, not all unions are good and not all of them are bad.
Afaik Problem in US is that unions become monopolies. There is one union per enterprise. In Poland there is still choice of unions. Many times they just combine their efforts if necessary, but it is good to have competition.
@@radicalaimElon Musk don't know what union is. The lord and peasant is the most stupied I ever heard and I have heard Donald Trump in video interviews.
UPS hourly employee and Teamster for 32 years here. Although unions aren’t a perfect solution for every workforce and even though there has been a fair share of corruption I can say that I have been very happy being a union employee. They have made it possible for me to make a good living and have protected my rights as a worker.
Interesting. I have a similar outlook on the overall effect of the UPS union but also saw many flaws. It felt like I worked twice as hard as old timers but at half the rate. Loyalty should be valued but why should someone work twice as hard and get paid half the rate? Seems anti-competitive. Maybe this was just my experience local to my area. Curious to hear your thoughts. Respectfully.
I've tried by tooth and nail to get a job at a UPS Warehouse, and just as soon as I did, Amazon unionized it's logistics department and I was laid off. I will never work for a union that only shows me the door after 6 months. I get that the newest employees are expendable, but why should I try risking it all again just to for the same bs to happen? I hate unions. And I have no respect for the union leaders. And that certainly won't change.
Yeah and that new contract is bankrupting UPS as their share price has plummeted. I worked as a supervisor at UPS for 3 years and let me tell you, that union is the ONLY reason a LOT of those bum mfs even have a job still.
Tesla is fighting sweden on this issue, we have very strong unions that are integrated into society and how we run everything, and tesla is trying to be an exception to this
@@AlternativPerspectiv if an immigrant crosses the border, should they be free to do WHATEVER or should they abide by host nation's rules? Sweden chose unions. You as a foreigner don't get to come in and throw a hissy fit.
The free market means that individuals who sell their labor are justified in forming alliances to leverage their negotiating power. The alliance is like a corporation that sells labor to other corporations that want to buy labor. The labor-selling corporation has to be mindful of its prices and terms, and how their "customers" are able to afford them now and how they compare to foreign competition.
@@tiramisuvodka8353 Because it doesn't work anyways and because it is megacringe to give the state more power in any shape or form. Free markets with organised employers and organised employees is the way.
@@programmer1840they can they just don't sign paperwork and fire everyone nothing stopping them from that other than it cost more money to find and hire new people than to keep and pay their current employees.
Almost all companies are against unions because it takes some of the power away from the employer and gives it to the lowly worker. It's all about keeping your job as insecure as possible. That way employees are less likely to complain about their working conditions. Keep people scared for their jobs and they'll keep their mouths shut.
Companies tend to be against unions because they slowly burn profits ultimately slowly burning down entire industries . Why are so many coal mining towns , ghost towns now
CNBC, you antiquated relic of old media, just post the whole interview as a RU-vid video. These ridiculous bite-sized segments of the pieces your editors think are most newsworthy are so obnoxious.
PLEASE don't display your hypocrisy in such a blatant manner, as so many Far Right RU-vid posters do. If you truly believed CNBC wasn't credible and valuable, you would be spending your time elsewhere.
found the delusional tool made on an assembly line. "far right" ukraine flag, you people have no real opinions of your own its disgusting lol @@jlvandat69
Love your comment about executives separate elevators. At State Farm Insurance executives have separate underground parking. Next to that is their own elevators to whisk them up to the penthouse, bypassing the slaves so they never have to interact with common employees. Talk about a distorted version of reality!!!
@@polarxta2833 No, CEOs created a them vs. us situation. CEOs have been exploiting employees at most companies for centuries. Elon says that there's no hierarchy in Tesla, but he's lying. Elon hasn't worked the line. He's never depended on a line job to provide food for his family. All Elon cares about is his own profit margin and he'll happily step on his workers in order to get it - just like every other CEO. As long as that's the case, unions will be needed.
The # 1 way to overcome unions. Is the company provide better benefits with no union dues. #2 Employees are part owners the company, pay based of profits.
The employees could buy stake in the company if they want. The people who get the stake by default are the people who put their money at risk to fund the starting of the company.
@@YHDiamond Yeah... as if. Did you ever work a job you didn't like, but it paid the bills to support your family? Most people have. That's why they form unions, so they can use their collective power to level the scales.
@@tonygrowley5275 I'm not saying you shouldn't take a job you don't like, I'm saying you shouldn't take an abusive job, or if you're at one you should leave.
We have weekends because unions pushed for more breaks in the latter half of the 19th century. Then in the 1930s the weekend was finally here. Mostly due to unions and then employers noticing an increase in production.
Henry Ford, a capitalist, created the weekends in 1920’s because he understood it would increase productivity. It’s in unions interests to take as much credit as possible.
@@HENRYGCOLLINS Saint Monday was customary in Britain even earlier in the 19th century for those who filled their quotas. Bank holidays were also introduced in 1871 by a banker. People were having days off way before unions.
@@andremessado7659 I understand where you are coming from. I have a feeling he is more popular with conservatives. Not your old school hardened ones who were cynical about all forms of authority though. New age conservatives who tend to be ridiculously obsequious about wealth and power. Their reasoning mostly tends towards 'if you are right/successful/happy where is your wealth?' They seem like blue pills under the delusion they cracked the Matrix and see through it all 😄.
I disagree with any CEO that fails to negotiate in good faith. Without a union, essentially a form of government a work force has no ability to redress labor issues. Therefore you are actually a Lord without question. It is time to bring you holdings into greater antitrust scrutiny.
"Without a union, essentially a form of government a work force has no ability to redress labor issues." Yes they do. They're free to quit and work for a competitor.
@@ChiefTapion. He incentivized enough not to have one , offered something better, that’s the goal. Union when needed . They don’t want one. He said he wouldn’t stand in their way. Win , win .
I have spoken to many americans that are against unions. The problem is that most of the time they don't fully understand how a proper union is managed and what they actually do for the society and it's people. Where I come from they are in active conversations with the various businesses and everyone always try to come to an agreement before going on strike. But sometimes the workers, the unions and the businesses are so far apart from one another that a strike occurs. And then usually they meet each other halfway. So it's not that having unions are bad, the businesses are the same. When they do come to an agreement you notice very fast that there was actually room for negotiations and the workers got better paid.
Or got out of a job cause the company went belly up. In America, that is the case a lot of times. The unions can make it so hard to remove useless employees that the company suffers as a whole in the long run, and then everyone's out looking for new work.
Well good thing he’s not an idea. I don’t know if he’s good or evil yet but you’re very short sighted to make such a comment. He’s doing well for our country who he LEGALLY came to and is the richest person on the planet. I’m proud to have him here so far.
It's the corporate executives who create the adversarial relationship that make unions necessaary. When the executives, who live in gated communities, and whose compensation is many multiple times more than the workers who produce the product, and whose compensation barely pays for their basic living expenses, there will be resentment and conflict.
Are you kidding? Unions have as much political and financial clout as rich people these days. Unions are equally responsible. I've worked in corporate America with no unions for 23 years across multiple companies and I have never experienced any animosity from management.
@@jpete3027666corporations haven't increased wages to match worker's productivity... and more recently, to match historic inflation.... that is the animosity we speak of
What he is talking about is a place where Unions don't need to exist. Yes, a union wouldn't be needed of the workers were happy and felt they were getting a fair piece of the pie.
Without union employers are less free to just "do what they want" and that's both a blessing and a curse. In Europe unions is a pretty standard thing to be honest, not sure why Americans think it's some communist Russia type of deal
That’s probably correct, but taxes in Germany are 17% higher on wages than the US, and Sweden is roughly 30% higher than an OECD nation like the U.S., so comparatively, it’s better for the Tesla employees to be paid 10% less.
Ask how many gm union employees are millionaires because of their stock options. Unions were good in the beginning but the UAW is too corrupt at this point and will inevitability be responsible for bankrupting the big 3
Once part of a union you are a slave to the union, having the option not to be part of a union is the freedom option. Unions sometimes get so big, it becomes a government itself, just as dethatched from the workers as governments usually is today.
@@ShiftheadsO.k. how many. Do you also understand who benefits from stock buybacks, I'll give you a clue, it's not the employees. I guess someone should really tell unions they should stop raising the CEO's pay by so much. Shame on the unions for doing that.
That is one issue with unions for sure. If an employee is bad, stop defending them. Kick their ass or let the company do the right thing and fire them! Unions should be about workers rights. Part of workers rights is the right to not be stuck working with incompetent idiots that make your job harder.
That is true, yes, but not completely true. They typically do not last. I was a teacher for 11 years and the 50th percentile was 4.7 years -- that is: half of all teachers would burn out or get priced-out due to low pay or leave the field and do something else, which was sad because often these were the top teachers. Anyway, almost always included in the attrition group were the mediocre, lazy, unqualified teachers because the students would effectively weed them out as a consistent, giant amalgamated cohort, making the classroom environment unbearable. And the rep in the teacher's union would help them make the transition to a new career. At least in my school district mediocre teachers represented a small fraction of those who had the capability to survive. Nevertheless, yes, some unqualified ones survive and there is some union rep who will make the lemon dance and point them to a new school district to destroy.
Evs are clearly worse and we have enough oil for a long long time at the rate we are headed towards. Elon is the only 1 ev makers thats blind to how bad they are. Liberals are no hope as well. Hopeless braindead morons enslaving us literally
The purpose of the union is to try, often unsuccessfully, to equalise the power differential between capital and labour. Sounds pretty reasonable to me.
@@KH-qy7fm the source is the employees themselves 🤣 all the people that got fired and cried on the internet worked in the Human Resources department for cultural and sociological aspects of the business. You don't see any videos of actual technicians that literally build the website crying about being fired
@@KH-qy7fm spoiler alert: its because they weren't fired. The actual useful stem majors were kept and the useless pink haired sociology majors were all fired.
Bro, Elon doesn't like unions "creating" a Lords and Peasants situation.. Elon's net worth is $200 Billion, he's the one who creates the situation, the union is just the one who explains to the peasants what's happening, and fights on their behalf
In the 1950s and 60s when the middle class was strongest, almost half of the workforce was unionized. Since the 2000s it's been at 10%. I'm in a union and if we have a lazy coworker that we have to pick up slack on, we report them and they get written up and either straighten up or get fired. Abusive managers are forced to talk to us with a little respect. Unions are the best thing for the middle class and since union membership has eroded so has the middle class.
Yeah it was because of thr unions, not because we where one of the only countries on earth that walked out of ww2 unscathed. Yeah it was the unions, not our 10-15 yr monopoly on all things production. And im sure the middle class is suffering because we dont have enough unions, not because companies have outsourced all production to foreign countries.
@@richardrussel4567 Those aren't exclusive. If you're seriously going to try to argue against unions then you're a brainwashed pawn for the ultra rich. Every study shows better pay, benefits, job security, pensions, and health insurance across the board for union jobs over non-union of the same position. Don't be ridiculous.
@@richardrussel4567 Agree! The A.W.U. is going to push Ford and G.M. to open more manufacturing in Mexico. And you can bet the car manufacturers will replace these employees with A.I. and Robots just soon as they can. They can writeoff the cost of Robots that never sleep and never complain. Like Elon has said before the development of A.I. for self driving cars can be used in many other area's and that includes manfacturing.
As a person who retired from a skilled trade union, we are not like govt. employees. They can lay us off with no explanation needed. We go back to the hall and take another job. The unions with seniority are the real issue. No way to get rid of deadwood at all
@@clydecash5659 no. Seniority kills motivation. In the skilled trades seniority does not exist. We have no problem at all with older workers. They show up everyday to work. It’s the younger ones we have issues with.
My dad was a union steward. He took his job very seriously, wanting to be fair to both sides. Therefore, both sides loathed him. He was stressed out by his bosses (at the bequest of their bosses) to get my dad to quit before his 30th anniversary. Instead, dad had a stroke while on the job. The company paid his hospital and treatments and he was awarded a pension until he died. Dad was blessed with a miraculous recover after a night of prayer. He went on to live over 30 years more.... more than he worked for that company. During all those decades of retirment, they had to pay his monthly pension. Our family by no means were made rich by this, but there is some satisfaction that the bit/chez had to pay more money than if they had just let him retire at 30years with its bonus pay.
Glad your dad got healthy again. ... Confused, isn't a union steward supposed to advocate for the workers, and not be fair to both sides, but also kind of be fair to both sides?
I grew up in an automotive town in Michigan, The population was cut in half, and those left 30% are in poverty. My father would tell me stories about people that would clock in walk across the street to a bar for eight hours come back and clock out ,that’s the union. That’s why a truck cost $80,000.
I worked for a big social media company, before the union got involved they were stricter and gave out warnings suspension without salary no batrhom time issues with holiday request, once the union got involved the power balanced changed in favour of the employee, everybody looks out for their own interests and the unions give the workers more power thats straight facts
No group of employees should be able to force an employer how to manage their business. If it should be a legal code the nation wants make it so by protesting lawfully and lobbying.
My company hates its revenue generating employees and always seeks to limit any amount of sharing the company’s success with them at every turn. We actually had a chapter 11 and the ceo flew to Europe for an in person visit to a supplier that anyone else would have gained the info off a website. They earned our union because without it they’d ultimately fail due to not having any employees left.
you should just go work for someone else if they are that bad. unions are terrorists filled with talentless people who can't simply get jobs at other companies.
In Mitt Romney's book, when his father ran and had saved American Motors, he was surprised that he was not to be allowed to go onto the factory shop floor without guards because he would not be safe!
No lords and peasants. That's why he does example firings to keep everyone on their toes, and fires people for disagreeing with him or saying something negative about him. "Retaining them is really the hard part" -I believe you.
@@Ryanderson8467 Yup. "If they're going to bribe me, with mOnEy, they can GFY." *swings head side to side looking for laughs that don't come. Meanwhile, bribes workers - with money - on a daily basis. And officials too: who else gets to launch rockets on a nature preserve. Give me a break ya living muppet.
Yeah right! Born into blood money, never worked an honest day in his life. Gimme a break. Of course he doesn't, they're completely antithetic to any worldview he's ever had to experience.
Of course he does, why on earth would he ever want to take care of his employees? Retirement, Health Insurance. We certainly wouldn’t want one of the richest men in the world to give his employees a decent life.
@@Ryanderson8467 it’s not more efficient as a nation to decrease the amount of people working and increase the tax burden on those that still do by driving jobs overseas. I’m sorry, I deal with unions on construction jobs all the time, they aren’t more efficient. They don’t always do the best work. They drive up costs on construction projects. The combination of 4 million less people in the work force since COVID, government regulations on building codes, and inflation have driven home prices and rents so high that people live in tents. Come over to reality, it’s a nice place to live.
@@reservationatdorsias3215all of them, according to the 13th Amendment. "Neither slavery nor involuntary servitude shall exist within the United States, EXCEPT AS A PUNISHMENT FOR CRIME".
I had been a card carrying union member from 1998 until 2017, for two different Unions. The Unions created an adversarial relationship between the represented employees and management. Management would want to do something cool for the employees, but the Union would scream about it. So I understand the Lords/Peasants concept that Musk is talking about here. The Union jobs I had promoted lowest common denominator type work and if you exceeded expectations that was treated no differently than if you only met expectations. Seniority was the only reason you got promoted, not ability, education, work ethic or anything else. I left my Union job in 2017 and started working for a company that valued my abilities and work ethic, have had many promotions and raises based on that. I have never been happier.
"I don't like unions, lords and peasants. I'd prefer there just being lords - and nobody else talking" lol. Unions can ask for too much, same as Execs can be greedy. But fundamentally, it's absurd to be against humans grouping up to increase their leverage, if they're being mistreated. If Musk can keep the workers content and avoid a union, good for him. But he saying he's a Saint-Friend of all workers, begs the question, do others love him as much as he says all love him? Don't tell him to his face, it's said he fires ya on the spot - and with no Union protection, you're gone Lol
My problem with Unions (besides the intimidation that goes long with them) is that they protect employees that happen to be REALLY poor at their Jobs. If someone sucks and you can’t train them out of it, you need to be able to let them go. Unions make that virtually impossible in a lot of cases. I left Agriculture because Caesar Chavez and his thugs were terrible. And he HATED illegals. Play FAIR and I wouldn’t have an issue. Winning by intimidation has no future. Just my experience. Not looking for an argument.
If GM has private elevators for their senior executives then maybe it’s the mindset of administration that is creating a mentality of lords and peasants and the unions are simply a response to that type of work environment.
It's a chicken-egg situation I think. Collective bargaining REINFORCES the lords and peasants culture. It's like the plebians of ancient Rome; having one collective vote is better than zero, but you are still serfs of the nobility. Unions are always doomed due to middle management and over-regulation. Individual bargaining leverages better pay, better production, and less bureaucratic waste
@@trequor please study the history of labor, you are talking out your ass. Unions are the only reason we have made progress and allowed any bargaining at all i.e. the 5 day work week, 40 hour work week etc.
What a shortsighted and poor listener you seem to be. You missed SO MUCH of what he spoke to there, and simplified it to something you could rail against....
If not for labor unions, the world would be a "lords and peasants" environment... company stores, company schools, company dorms for families, etc., along with the company thugs like the Pinkertons. Unions have gone awry, with the government employees having their own unions which is absolutely absurd, resulting in the deterioration of public education, and police and firefighters unions, resulting in fatal welfare checks, pet shootings, and no personal responsibility. But labor unions, though badly needing restoration, are necessary.
Unions had a place at the time you mentioned. But that time has long passed. I am a union worker and I can tell you 100% the only thing a union does anymore is cause anger towards fellow workers, cause good workers to be lazy and further divides workers and management. It truly gives the workers and management an adversarial relationship. I have only been with the union for 7 years and I had a brother work 30 years and retire. The few industries the unions remain a hold of are being hurt by them. And of course I'm in 100% agreement with you that government unions are wrong and should be illegal.
Musk runs his company right! Unions are great for nothing but paying men for less productivity. I use to be in one and got paid more as a laborer than my father who was superintendent and we were told to work extra slow lop. It is crazy. It takes away from real production
Because unions are not greedy, right? In my country unions have destroyed entire industries with the sole purpose of get established as powers, they even force the national government to take all the policy decisions that they want by enforcing nation-wide strikes on transports, paralizing the economy until the conflict resolves in their favor. Union leaders have gain so much power here that their sons literally inherit the leadership and many don't even care about workers. A lot of times workers would prefer to stay out of the union, but they are now forced to join because otherwise the union makes sure they don't get prioritized to get the jobs. At least corporations need to play by market rules, they can go bankrupt and workers would eventually go away if their payment is too bad, while unions here have been controlled for decades by the same dynasties and keep shielding themselves behind labor laws that they protect with strikes and violence. They pay people to go to public places and create chaos. I'm not exaggerating, some years back they attacked the national congress while on session to stop an unfavorable law, by surrounding the building and throwing thousands of stones. If police intervenes strikers promote confrontation and let their people die, so then they can make a propaganda show on the media convincing the population of how bad the government is that it killed these poor citizens that were "only defending their rights". All started like is now starting in USA. Beware of what you wish for.
@@mist273 Unions in the USA are the only reason workers have rights, such as 8hr work days, weekends off, minimum wage, child labor, maternal leave, etc. You should do more research on early 20th century america.
@@Th3Chuzzl3r Ok fair enough, I don't know much about USA labor history so it might be in a different situation that I'm not aware of. I'm just saying that you need to be careful, because any power structure like that is subject to inefficiency, corruption and big time bad economic impact. Unions brought short-term benefits for workers here, but their long term impact on the economy was disastrous. The key is to setup the right incentives.
A company can only pay their workers more if the end customer is willing to pay more for the product. You can't try to build cheaper cars while paying more wages at the same time. Where do you think money comes from? Go read a book.
@@AashrayPaul97not necessarily you could also simply reduce your profit margins to facilitate a wage increase. Tesla had net profits in 2022 of 12.5 Billion dollars
All I'm saying is nobody owes anybody anything. If you can't retain people for difficult work at a certain price point you should consider increasing the pay in order to incentivize workers to stay. If not then you need to be ok with large turnover. If you can't afford the higher pay, then you need to plan how to handle the high turnover. But I have a feeling that Tesla has plenty of profit margin to cover a pay increase.
@@SogonD.Zunatsu I feel like one's economic status should not affect one's ability to criticise someone who banned the use of high vis vests due to a dislike of bright colors in a facility that already had 6 times the rate of injuries of other companies in the aerospace industry.
That doesn’t make any sense. Why does anyone make above minimum wage? If companies are so cheap, why pay anything higher than minimum wage? Over 90 percent of all workers earn above the minimum wage. Why? Now, some may earn $3 an hour because that’s what they to the company.
Unions help maintain a middle class, it's not companies like Tesla that need them but there are so many that take advantage of employees and in counties without strong industrial laws those employees have little recourse
What helps maintain the middle class is a sound currency and low taxes. There are many in middle class not in unions. Higher taxes and inflation is what is eroding away the remainders.
I am management and we have union field craft, they out earn me and they will retire long before me. They make sure they get every one of those 15 minutes at each break. They make sure they don’t do one stitch of work outside their classification. They make sure they don’t work unless they have the helper that they don’t need but they are entitled to in the agreement. They make sure that the shift shutdown process starts 90 minutes before quitting time and never ever start the next step if it could possibly encroach on the shutdown time. They make sure to always gossip with craft in other companies and drag up if they hear they can get an extra hour or two of OT over at the other job. They make sure to make you understand that the quality of their work is unassailable because by god its union.
Having worked both union and nonunion, i would say both are good for a balance of power / fairness ? The non union jobs usually try to give perks to keep from becoming union. I suppose without unions there would be no incentive for such things.
They offer incentives because thats less costly than having a union form. So no matter how you boil it down, they're trying to keep more money in their own pockets.
@@cory99998 It's called capitalism. Regardless of our opinions, capitalism has raised the standards of living for all classes than any other system. I'm not saying there is not anything better. I'm saying to date, there has not been anything better. We are open for idea's. Any idea's?
It’s kind of insane really. He is a billionaire and whether he admits it or not, semantics do not matter because when compared with the average employee at his companies, they are at the complete mercy of his decisions.
Having a hierarchy that gets down in the trenches with the workers would be beneficial in helping them lead more efficiently. Every parent or aunt/uncle of young children knows that you have to be able to get on the level of understanding of the person before you can provide adequate support.
having a union that can do collective bargaining on behalf of the workers would be beneficial. this idea of bosses and workers magically transcending their class differences and working together in harmony is remeniscent of volksgemeinschaft which was embraced by the nazis while they initially pretended to be on the side of workers.
Argentina is full of unions, how is it working for them? Incompetent workers that cant be fired, corrupt unions that work for the powerfull and keep the poor on the floor, black market of goods, its just a mess Believing in unions is for naive people that think humans will just unite for the greater good and be happy, never using an unregulated un controled power for their own benefits, joning forces with the same people you were supposed to fight People are so naive or dishonest...
@@shway1 Every Marxist ideology(and yes I count fascism, communism and wokism as Marxist) claims to be on the side of workers when its time to recruit but end up betraying workers by imposing unhinged systems, Hitler and Mussolini simply took good ideas(like Nationalism and class cooperation) and twisted them almost beyond recognition(partially by applying Marx ideas of group struggle to the relationship between nations and in Hitler's case races) to make them fit there own totalitarian goals. Also while outlawing unions wouldn't be worth doing there books need to be open to members and the Marxists and organised crime need to be kept out of unions for them to be anything other then a tool of shady factions, I live in Canada and feel the Marxists and organised crime turned unions into a dangerous net loss for Canada(in terms of freedom, prosperity and security) and the issues are not only in Canada(there wherever Unions are not safeguarded from such bad actors). .
@@shway1 Yea I mean it's beyond idealistic, it's a kind of fantasy. Truth is they are treated differently in pay. No one part of a working interdependent machine is any more important than the other, if one part fails they all fail. For me personally though money is like this: Ants don't use money yet they work together and have different jobs. Humans use money because money and power appear synonymous, and humans have separated from all other life because of our desire to control the environment around us on some very fundamental level. Money appears to be the key to that. But it's not, people working together is the key to that, people have just bought into the lie that it can only be achieved with money. It's a scam, a scam set up by wealthy people to enslave others. Truth is people have lived on this planet without money for upwards of 500,000 years, and we'd be to some degree civilized and have some form of technology despite money if it was never invented. Think about it, most people really do hold 2 hardcore beliefs: 1. You cannot physically survive in this world without money 2. Me nor anyone else will work at all without receiving money. What a joke. It's honestly kind of creepy how hardcore of a belief that is for people. There are an insane number of people on this planet that work together and don't get paid a dime, and a staggering number of people who have never held a single dollar in any currency who live to be quite old. It's mind boggling really.
@@bgrl6422 and I could say increasing wages leads to greater consumer demand, which increases the number of jobs. increases in the minimum wage also have a tendency to push up the wages of people earning more than the new minimum. and it's not "artificially" increased by unions, it's artificially decreased by the power and information imbalance, which is why there are unions. also tbh this kind of armchair reasoning about supply and demand is pretty limited. a lot of these assumptions fall apart when you do actual economic research and realize things are much more complicated. meta-analyses show there is basically no correlation between increases in the minimum wage and unemployment.
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without unions workers will eventually be replaced by immigrants/the desperate who are willing to work for less, just about no matter what. so you end up in a bidding war where only the owner wins. stock options may help but it depend on what percentage of the company
He's a literal child. Also - anyone who flies around in a private jet like Elon Musk emits more pollution than millions of working class people combined.
Why are US CEOs so afraid, or even butthurt, about unions? "Oh no, they want to be treated decently? We can't have that!" Take us in Germany for example, no harm done by unions and workers are quite happy and productive when in a union contracted company.
One issue folks miss is there is often Wall Street pressure to lower costs, including labor costs. Executives out of ideas also cost cut. The benefit of lower costs (at least in the short run) goes to shareholders which include executives. One counterweight to wage deterioration besides quitting quitting is unions. High turnover can negatively impact a company in spite of mgmt pretending otherwise.
Traded companies are anti-worker and are beholden to chasing short term profits. It's why the economy implodes every few decades. They put short term gains ahead of long term growth, sustainability, and stability. Then, when they implode the economy, it is the mega wealthy that are in position to capitalize, getting a soft "reset" of the economy to dump their billions into. In the case of covid, we saw billionaires in some cases double their net worth in a few months. While Covid wasn't a result of irresponsible profit chasing, the result was essentially the same. Economy tanks, billionaire class only ones in position to capitalize, and they are the ones that own the giant corporations that drive the economy.
> One issue folks miss is there is often Wall Street pressure to lower costs, including labor costs. Wall Street does fack all, most of Tesla's shareholders are passive index funds who don't interfere with operations.
Unions use governmental powers to coerce employers into forcibly keeping them when they don’t want to and increasing rates without allowing the employer to legally replace them with lower cost staff. The opposite is not true though employers do not forcibly coerce employees into staying forever. Consent seems to go one way. Research why an employer cannot legally fire a union worker.
