The limits of militancy
The book thus far has argued that the optimal strategy for workers to maximize their wages is to strike as frequently as possible. It is not important whether they win; nor is it important whether the workers strike over pay. This does not mean, however, that workers can make unlimited amounts of money by engaging in a policy of unlimited striking. There are three constraints that may limit the overall returns from an aggressive strategy.
KeywordsMarket Force Premium Wage Strike Activity Internal Labor Market Class Conflict
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