Implementing Anderson- George
I'll keep this short because it's not strictly related to philosophy but I wanted to share some stuff that you all might be interested to learn about regarding Anderson's proposed solutions. They happen to be policies that I've been interested in for a while, and are starting to get some traction in Democratic policy circles, so if the book spoke to you you might find this interesting
-The Federal Trade Commission is in the process of banning non-compete agreements. This is one of the "contractual barriers to exit" from authoritarian workplaces that workers face (66). https://www.ftc.gov/news-events/news/press-releases/2023/01/ftc-proposes-rule-ban-noncompete-clauses-which-hurt-workers-harm-competition
-California passed a law last year creating a statewide fast food labor council, composed of employers and union representatives, with broad authority over wages and working conditions. This would essentially move organized labor from the "firm-level" to the "industry level" for the entire CA fast food industry. The industry-level model, as Anderson says, makes unions more powerful and less incentivized to monopolize labor supply. Fast food groups are trying to repeal the law through a ballot initiative, so if you're registered to vote in CA you'll be able to vote directly on this soon. https://www.nytimes.com/2023/01/25/business/economy/california-fast-food-workers.html
- The Treasury Department put out a groundbreaking report on employer monopsony power last year, estimating that if workers were fairly competed for, average wages would be about 20% higher than they are now. This connects to Adam Smith's observation that it's easy for employers to collude and lower wages-- except that it turns out they don't even need to collude. Economies of scale allowing for only a few employers in certain industries and information asymmetry in the wage bargain (employers know much more than you about what everyone else in your industry is making) give employers a kind of natural monopsony power. These studies show that perhaps improving "exit" options through greater competition for workers holds more potential than Anderson gives it credit for. https://home.treasury.gov/system/files/136/State-of-Labor-Market-Competition-2022.pdf
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