Not to appear in favor of unions or support Threnn's argument (I dislike unions as well), I would argue that 'wasting' money paying that guy $50/hour installing door handles that no one wanted is not a terribly bad thing on the long term. That guy will spend his money buying a home and sending his kids to college- in essence putting that money back into the economy. On the other hand, CEOs earning hundreds of millions in salary and bonuses put a much smaller percentage back into the economy (they spend it on private jets and overpriced property in Dubai).
I've always found it amazing that governments manage to create thousands of legislations to manage every minute aspect of the workplace of the guy making minimum wage, yet they are unable to curb the riddiculous executive compensation packages.
How fair is it for people making $50k to have to figure out how to fill out a very complex tax form to save $200 at the end of the day, vs. the guy making $50 million not even having to see what a tax form looks like? I know 'fairness' is not a pillar of the capitalist system, but it is a human nature to rebel against what is perceived as injustice for a long time.
At first, I felt the thread title was an improperly used analogy, but the more I think about it I think Nynnja has got a point.
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