a company's high profits indicates that a unionization effort can get a piece of the pie, but it also means that the company has more resources for fighting unionization. In the specific case of Wal-Mart, its high profits have a lot to do with its monopsony power, including the absence of unionization.
BTW, thanks for the good news, Marv. On Fri, May 17, 2013 at 7:48 PM, <[email protected]> wrote: > "Michael Perelman" <[email protected]> wrote: > >> There is a large literature on the relationship between firm size and >> wages. I wonder if it still holds. > > http://www2.warwick.ac.uk/fac/soc/economics/staff/academic/oswald/wprs.pdf > seems to show that > profitability per employee correlates with wages, but not as much as one > would hope. > > For instance, Walmart has low wages per employee despite being a large firm. > > -- > Ron > > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
