alt Hacker NewsYou think global prosperity was won by unions fighting for rights? This is untrue and a folk theory that people hold on to, to justify their ideology.
Primarily global prosperity was achieved by higher productivity - the ability to do more with less work. Unions had very less to do for increasing productivity.
I’m not saying anything extreme because this is the academic consensus.
Ahh I see. I misunderstood what you meant with global prosperity.
I understood it as "everyone being prosperous". You mean a few individual becoming insanely prosperous at the expense of everyone else. Then you're completely right.
Unions have definitely succeeded in redistributing prosperity though (e.g. negotiating for higher wages) and also reducing exploitation (e.g. fairer working conditions).