alt Hacker News> Meanwhile unions in a consolidated market have the perverse incentive to sustain the monopoly because then the union is extracting a portion of the monopoly rents the corporation is squeezing out of consumers at the expense of the 99% of workers who don't work for that specific company.
This still sounds like an improvement over the American consolidated market status quo, where the companies and shareholders retain more of the monopoly rents.
Antitrust enforcement would be great, but absent an 1880s-1910s level push, isn't going to happen.
So why not improve things in the meantime?
> Antitrust enforcement would be great, but absent an 1880s-1910s level push, isn't going to happen.
Let's do that then.
> This still sounds like an improvement over the American consolidated market status quo, where the companies and shareholders retain more of the monopoly rents.
Except that you then get the union lobbying to sustain the monopoly instead of eliminate it, which makes it even harder to do the thing that actually needs to be done.