Elon Musk: I disagree with the idea of unions
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- Опубликовано: 28 ноя 2023
- Elon Musk sits down with Andrew Ross Sorkin at the 'New York TImes' DealBook Summit' on a wide-ranging interview including anti-semitism, an advertiser boycott, Tesla, AI and more.
I never know a CEO that love the unions
Do unions have CEOs?
@@MaximilienDantonno
Ford when he first started actually invited in and worked with the unions. That’s honestly the only example I can think of.
What do unions do and why is it so not very desired by Elon ? Thanks
@@JusZardthey deny employers the ability to exploit workers.
Pay people enough and they may not need a union but that’s not what has happened historically. Working people have no leverage to negotiate as individuals against a multi million-billion dollar organization unless they have an organization.
the income effect suggest that people dont ever feel they are paid enough.
Everyone I know that works in the trades always wants to work union because they pay the best and have good benefits.
@@dankz7061 Because companies pay donations and have lobby groups. Why? To influence public policy. Get rid of political donations (legalised briary) and lobby groups and the, and only then, would your statement be true. Because when you break it all down, companies and lobby groups are just another gang of people out to maximise outcomes for themselves. So why shouldn't workers have their gangs too?
Whether you are a slave, or a worker, or a bourgeois/business owner, or an aristocratic landlord, you will never felt satisfied. "Enough" is never enough.
If you think you generated much more value than you get back, you will find it easy to get a better offer elsewhere.
Multi billion dollar corporations are actually the ones that are most receptive toward unionization and regulation, since they can stifle their competition by dramatically increase the cost of doing business for newcomers. Thus maintaining their position in the industry.
In such highly regulated and unionized environment, both the workers and the business owners can enjoy relative stability, at the cost of innovation and customer satisfaction.
That is till competitors from abroad, which operated in much more _laissez faire_ environment hit you hard with their cheaper and more innovative products.
@@barrytelesford5265 It doesn't really though. It suggests their demand will increase for quality goods while decreasing for inferior goods. Elasticity of demand still applies, as does substitutional goods. Just because I have 3x as much money as my friends, doesn't mean I wear 3x as many clothes. Maybe just slightly more expensive ones, but there's still a point of decreasing demand, and arguably my clothes are a lot better made and so last significantly longer. One doesn't become a pillock just because one's fortunes change. Most wealthy people have significant wealth tied up in illiquid assets, money they really (obviously) don't need.
Ive worked in good unions, that stood up for me every chance they got, but I've also worked in two terrible corrupt unions that robbed me and my coworkers for their own benefit and really left a bad taste in my mouth. I think it totally depends, not all unions are good and not all of them are bad.
I think Musk would agree with this, he was referring to corrupt unions but a good union is not inconceivable.
Yes
Afaik Problem in US is that unions become monopolies. There is one union per enterprise.
In Poland there is still choice of unions. Many times they just combine their efforts if necessary, but it is good to have competition.
Unions are always good.
@@radicalaimElon Musk don't know what union is. The lord and peasant is the most stupied I ever heard and I have heard Donald Trump in video interviews.
You don't like lords and peasants? That's what life was literally like BEFORE UNIONS!
yeah his argument is pretty much complete nonsense
Its true though @@Shajirr_
You could also say that's what life was like before toothpaste, and you still technically wouldn't be wrong.
Love your comment about executives separate elevators. At State Farm Insurance executives have separate underground parking. Next to that is their own elevators to whisk them up to the penthouse, bypassing the slaves so they never have to interact with common employees. Talk about a distorted version of reality!!!
that isn't a union thing.
@@juanvasquez6535 Unions create a them and us situation which was the point of Musks comment.
@@polarxta2833they don't though it's better for the company and the employee skilled labor for a fair rate
@@yesac101 Except what then happened is the companies moved overseas for cheaper labour. Australia no longer manufacture's any cars because of unions.
@@polarxta2833 No, CEOs created a them vs. us situation. CEOs have been exploiting employees at most companies for centuries. Elon says that there's no hierarchy in Tesla, but he's lying. Elon hasn't worked the line. He's never depended on a line job to provide food for his family. All Elon cares about is his own profit margin and he'll happily step on his workers in order to get it - just like every other CEO. As long as that's the case, unions will be needed.
I can't speak for the American perspective of unions, however, I couldn't imagine a day at work here in Denmark without the concept of unions. Without them it would feel like a wild west market with no reciprocity between employer and employee. You don't want government set rules but for society to shape them through the free market. It's a big safety net for families and creates better transparency in a working relationship.
You nailed it
I have no idea how Americans got talked out of strong unions. It's why our society has completely eroded. But it's our life now, work hard and set yourself up right or die in the street without healthcare. I'm fortunate that I'm a software engineer who is good with money, but many others are not so fortunate.
America is overrated. The most commonly cited reason for bankruptcy is medical debt. The leading cause of death amongst minors are guns. Conservatives here don't even want school lunches to be free for kids. They are willing to let impoverished children go hungry.
@@ssiko52 Most Americans don't even know what a union is. They really have no idea what unions are, or how they work. All they are told is that greedy union bosses come in and take part of their pay. That's all they are told.
*it's a great way for the lazy and people who don't want to work hard to keep their jobs until they want to quit.
It's like Congress!
I disagree with any CEO that fails to negotiate in good faith. Without a union, essentially a form of government a work force has no ability to redress labor issues. Therefore you are actually a Lord without question. It is time to bring you holdings into greater antitrust scrutiny.
Why, it’s his ducking company. Why do people sign contracts then whine? Stay unemployed then. And if it’s so easy to start your own business.
@@Pezzerd because people deserve dignity? Just throwing it out there that your fellow man is a person who deserves to live and be treated well
@@Pezzerd Idk, I just thought that was a general understanding we all operate on, that people deserve to bo treated decently. Food for thought
CNBC, you antiquated relic of old media, just post the whole interview as a RUclips video. These ridiculous bite-sized segments of the pieces your editors think are most newsworthy are so obnoxious.
Lol you are old. Don't you watch any podcast channels? That is what everyone does with long interviews.
Literally this is what RUclips wants. The algorithm promotes smaller clips.
PLEASE don't display your hypocrisy in such a blatant manner, as so many Far Right RUclips posters do. If you truly believed CNBC wasn't credible and valuable, you would be spending your time elsewhere.
@@desedia2718 It actually doesn't. Many channels grew on hour+ content. Easy to grow when you have the most talked about person on.
found the delusional tool made on an assembly line. "far right" ukraine flag, you people have no real opinions of your own its disgusting lol
@@jlvandat69
A union enabled me to save money,, get top quality healthcare for my whole family for life and retire comfortably
Tesla helped me retire comfortably, at 22
Then the company you worked for was trash for not providing that without one. The difference here is Tesla provides great benefits to all their employees, including top healthcare coverage and stock options for part ownership in the company. The more successful the company, the more the employee makes.
When a company structures itself properly all a Union is going to do is disrupt things, create division and promote bad work ethics.
Exactly, it's just about fairness.
Hard work will also achieve this goal.
@@Tiigerr You're expecting companies to structure themselves to benefit employees out of the good of their own hearts? Companies work for their shareholders' interests, not their employees.
Your example with Tesla is moot since they don't provide healthcare to all of their employees and have a history of breaking labor laws to silence people who work for them. That's not even getting into the international troubles with countries like Sweden.
Put down your Elon pom-poms and learn the benefits of organized labor.
in an ideal world, unions wouldn't be necessary. but it is important in order to make sure people are not being taken advantage of.
Unfortunately We don't live in an Ideal world. Companies are greedier than ever. Unions are the only way to get a honest days pay, for a honest days work.
@@user-hu6wq6kp6uUnions are also a way to over pay the low skill workers and help drive up costs.
No. If the company offers a good rate of pay and benefits, people will want to work there. Too many unions think they deserve the same as the risk takers when they don't risk a thing. They should trade a good day's work for a fair wage. If it's not a fair wage, don't work there. The company will need to up their game to the point that they attract people/workers.
You forgot Pension, and the most important. A safe workplace, because that is the Law. Problem is too many companies and even Unionized companies, because of the CEO’s only take care of the shareholders and put the workers in danger. Non union crap jobs usually take advantage of immigrants, or temp workers. Temp workers get the most unsafe jobs because they are too scared to be sent home. Do not know the law. I live it and work it and see the abuse. If big business did’t cheat the workers, you wouldn't need Unions. But over 130 years later, they still cant figure it out. So the Need for Unions will always be. Plus all the union dues are tax deductible. another bonus. Unions earn their money. These are the FACTS. NO DISPUTE!!!!@@TeutonicNordwind
@@TeutonicNordwindMany workers can’t pick and choose. I live in Australia where we have universal healthcare, universal compulsory superannuation, 5 weeks annual paid holidays and many other benefits. These conditions were achieved by unions and the Australian Labor Party. Also we have the highest minimum wage in the world. Musk is a fair weather boss!
UPS hourly employee and Teamster for 32 years here. Although unions aren’t a perfect solution for every workforce and even though there has been a fair share of corruption I can say that I have been very happy being a union employee. They have made it possible for me to make a good living and have protected my rights as a worker.
Interesting. I have a similar outlook on the overall effect of the UPS union but also saw many flaws. It felt like I worked twice as hard as old timers but at half the rate. Loyalty should be valued but why should someone work twice as hard and get paid half the rate? Seems anti-competitive. Maybe this was just my experience local to my area. Curious to hear your thoughts. Respectfully.
I've tried by tooth and nail to get a job at a UPS Warehouse, and just as soon as I did, Amazon unionized it's logistics department and I was laid off. I will never work for a union that only shows me the door after 6 months. I get that the newest employees are expendable, but why should I try risking it all again just to for the same bs to happen? I hate unions. And I have no respect for the union leaders. And that certainly won't change.
@@IVIonsterrrrHDPro yep that’s the difference between the skilled trades unions and others. Seniority. It really sucks from what I’ve seen
Yeah and that new contract is bankrupting UPS as their share price has plummeted. I worked as a supervisor at UPS for 3 years and let me tell you, that union is the ONLY reason a LOT of those bum mfs even have a job still.
That is the point of unions: to benefit their members and attract new ones. Anybody else is second to that goal.
I was part expecting the comment section to be blue pills simping for their rich overlords. This comment section is refreshing.
I would have to say that Elon is way more celebrated and simp'd on by red pills.
@@andremessado7659 I understand where you are coming from. I have a feeling he is more popular with conservatives. Not your old school hardened ones who were cynical about all forms of authority though. New age conservatives who tend to be ridiculously obsequious about wealth and power. Their reasoning mostly tends towards 'if you are right/successful/happy where is your wealth?' They seem like blue pills under the delusion they cracked the Matrix and see through it all 😄.
Maybe you should stop seeing people as purely "pills" and expand your mind.
A billionaire against unions. Never!
What is more surprising is that today, leftist liberals are supportive of censorship and generally trusting of billionaire corporations and their ideas pushed through NGOs.
You didnt watch the whole video lol
What is more LOL? Me thinks it is the 42 likes. Go team!
Unions killing business? no way...
Outside of sports (which is held up by gambling anyway), name one industry that unions haven't completely f**ked.
Tesla is fighting sweden on this issue, we have very strong unions that are integrated into society and how we run everything, and tesla is trying to be an exception to this
Do you believe in freedom of choice? Or is that too old fashioned/
@@AlternativPerspectiv if an immigrant crosses the border, should they be free to do WHATEVER or should they abide by host nation's rules?
Sweden chose unions. You as a foreigner don't get to come in and throw a hissy fit.
So you chose the mafia model.. ok... @@babufits1584
@@babufits1584also applies to people
Tesla is an exception to many old ways - Tesla is literally disruptive, and I, for one, am hugely grateful. Their cars are incredible.
Bro, Elon doesn't like unions "creating" a Lords and Peasants situation.. Elon's net worth is $200 Billion, he's the one who creates the situation, the union is just the one who explains to the peasants what's happening, and fights on their behalf
I have spoken to many americans that are against unions. The problem is that most of the time they don't fully understand how a proper union is managed and what they actually do for the society and it's people. Where I come from they are in active conversations with the various businesses and everyone always try to come to an agreement before going on strike. But sometimes the workers, the unions and the businesses are so far apart from one another that a strike occurs. And then usually they meet each other halfway. So it's not that having unions are bad, the businesses are the same. When they do come to an agreement you notice very fast that there was actually room for negotiations and the workers got better paid.
Or got out of a job cause the company went belly up. In America, that is the case a lot of times. The unions can make it so hard to remove useless employees that the company suffers as a whole in the long run, and then everyone's out looking for new work.
The free market means that individuals who sell their labor are justified in forming alliances to leverage their negotiating power. The alliance is like a corporation that sells labor to other corporations that want to buy labor. The labor-selling corporation has to be mindful of its prices and terms, and how their "customers" are able to afford them now and how they compare to foreign competition.
it's not enough tho, why can't we use the state?
@@tiramisuvodka8353commie scum
@@tiramisuvodka8353 Because it doesn't work anyways and because it is megacringe to give the state more power in any shape or form. Free markets with organised employers and organised employees is the way.
But if it's a free market, shouldn't the company be able to fire people if they form a union? It's taking the company hostage in some ways.
@@programmer1840they can they just don't sign paperwork and fire everyone nothing stopping them from that other than it cost more money to find and hire new people than to keep and pay their current employees.
The # 1 way to overcome unions. Is the company provide better benefits with no union dues. #2 Employees are part owners the company, pay based of profits.
The employees could buy stake in the company if they want. The people who get the stake by default are the people who put their money at risk to fund the starting of the company.
When you have a union you have a negotiated contract. Without a contract the company can abuse the workers.
@@tonygrowley5275 if the workers are being abused they should leave...
@@YHDiamond Yeah... as if. Did you ever work a job you didn't like, but it paid the bills to support your family? Most people have. That's why they form unions, so they can use their collective power to level the scales.
@@tonygrowley5275 I'm not saying you shouldn't take a job you don't like, I'm saying you shouldn't take an abusive job, or if you're at one you should leave.
Almost all companies are against unions because it takes some of the power away from the employer and gives it to the lowly worker. It's all about keeping your job as insecure as possible. That way employees are less likely to complain about their working conditions. Keep people scared for their jobs and they'll keep their mouths shut.
Companies tend to be against unions because they slowly burn profits ultimately slowly burning down entire industries . Why are so many coal mining towns , ghost towns now
Of course he does, why on earth would he ever want to take care of his employees? Retirement, Health Insurance. We certainly wouldn’t want one of the richest men in the world to give his employees a decent life.
“We made many people who were working the line, who didn’t even know what stocks were… we made them millionaires.”
Funny that's where they chose to cut it. Can't have people thinking that the big evil capitalist actually cares to reward the early employees who worked hard.
😂
It’s true
@@jerry19484nope
I know one. 😂I'm jealous.
My company hates its revenue generating employees and always seeks to limit any amount of sharing the company’s success with them at every turn. We actually had a chapter 11 and the ceo flew to Europe for an in person visit to a supplier that anyone else would have gained the info off a website. They earned our union because without it they’d ultimately fail due to not having any employees left.
Quit
you should just go work for someone else if they are that bad. unions are terrorists filled with talentless people who can't simply get jobs at other companies.
Although Tesla workers have stock options, their compensation is far less than the UAW’s compensation package at GM, Ford and Stellantis. At Tesla, it’s $45 an hour in wages and benefits versus about $65 for UAW workers at the Detroit automakers - and that was before the UAW won a 25% raise over four and a half years after its six-week strike.
I would not want to be a UAW worker right now. Good for them that they won the pay raises they were after, but there's no future in their industry.
Tesla already move to texas@@Ryanderson8467
I have worked union jobs and nonunion jobs. I am currently a business owner with no employees except myself. From my experience, the main difference between a union job and a non-union job is that in a nonunion job if you have a problem you are at the mercy of human resources. And if Rebecca in human resources doesn’t take a personal liking to you, you’re pretty much SOL. On the other hand, with unions, there are specific procedures that need to be followed if you make a formal complaint against the company. Other than that, there’s not that much of a difference across the board.
Union jobs also protect the shiftless and lazy, as in theory it makes it hard for a company to sack those not pulling their weight. But then again, Unions themselves are useless. I'm not a member of a Union, but I was able to have a rep with me during a dispute 10 years ago. It was a sobering experience on how useless unions are - needless to say I resigned from the company and haven't looked back.
@@bobpage6597exactly. I work with union and they can’t do anything about bad employees, beside doing something illegal, no one gets fired. It’s easier to leave the department or the job itself to get away from that employee than to get rid of that bad employee, even with multiple complaints.
@@bobpage6597 and non-union jobs often promote the shiftless and lazy to middle manager positions. there are pros and cons with both but the truth is that it really depends on how well a company is run and whether the pay and benefits make the job worth doing. I've found that union or not, most jobs are not worth doing and that's why I became my own boss. Now, all the problems are on me and i either solve them or don't.
Not true you voted the wrong people into your union power structure
@@user-ux4gj1mq4c that has much more to do with government than unions. if UPS wants to switch logistics software, it doesn't require several years negotiations with teamsters to implement the changes. on the other hand, i was once involved in the decision making process for historic building repairs at a national park. no unions involved in the process at all until the decision would be made to go ahead with repairs, and yet that decision took laughably long to make because of government bureaucracy.
It's the corporate executives who create the adversarial relationship that make unions necessaary. When the executives, who live in gated communities, and whose compensation is many multiple times more than the workers who produce the product, and whose compensation barely pays for their basic living expenses, there will be resentment and conflict.
Well said.
Agreed.
Are you kidding? Unions have as much political and financial clout as rich people these days. Unions are equally responsible. I've worked in corporate America with no unions for 23 years across multiple companies and I have never experienced any animosity from management.
@@jpete3027666corporations haven't increased wages to match worker's productivity... and more recently, to match historic inflation.... that is the animosity we speak of
Do you have to work for them if it’s that bad? If they are such scoundrels, you should be ashamed of yourself to work for them in the first place.
I worked for a big social media company, before the union got involved they were stricter and gave out warnings suspension without salary no batrhom time issues with holiday request, once the union got involved the power balanced changed in favour of the employee, everybody looks out for their own interests and the unions give the workers more power thats straight facts
Lol. Nice try.
How long have you been a Union representative
This is the first time I've watched a full interview on CNBC
this is still only a clip of the full interview....
Wew congratulations on watching a 5 minute clip.
@@flouserschirdCNBC is unbearably biased
@@flouserschirdAs if that was his point ...
Why? Musk is painful to listen to.
In the 1950s and 60s when the middle class was strongest, almost half of the workforce was unionized. Since the 2000s it's been at 10%. I'm in a union and if we have a lazy coworker that we have to pick up slack on, we report them and they get written up and either straighten up or get fired. Abusive managers are forced to talk to us with a little respect. Unions are the best thing for the middle class and since union membership has eroded so has the middle class.
Yeah it was because of thr unions, not because we where one of the only countries on earth that walked out of ww2 unscathed. Yeah it was the unions, not our 10-15 yr monopoly on all things production. And im sure the middle class is suffering because we dont have enough unions, not because companies have outsourced all production to foreign countries.
@@richardrussel4567 Those aren't exclusive. If you're seriously going to try to argue against unions then you're a brainwashed pawn for the ultra rich. Every study shows better pay, benefits, job security, pensions, and health insurance across the board for union jobs over non-union of the same position. Don't be ridiculous.
@@richardrussel4567lack of unions is not the only reason of course, but still one of them.
Too many are never taught this stuff.
@@richardrussel4567 Agree! The A.W.U. is going to push Ford and G.M. to open more manufacturing in Mexico. And you can bet the car manufacturers will replace these employees with A.I. and Robots just soon as they can. They can writeoff the cost of Robots that never sleep and never complain. Like Elon has said before the development of A.I. for self driving cars can be used in many other area's and that includes manfacturing.
Unions exist because companies treat their employees as 'peasants' and pay them that way. On the flip side people can be lazy and inefficient. If people were efficient in their work, constantly looking for ways to improve, and if companies paid them well and didn't have the task master of next quarters profit figure dragging at them, corporate America would be so improved and there would be no need for unions. That nirvana will never exist because of greed and the 'next quarter improvement' mindset of how the entire financial aspect was built.
Totally false. Companies pay whatever is required by the company, you dont have a right to a job. Unions are mafia dens that result in harassment of companies, pitching employees against the bosses and basically making sure that major components are all built outside of the host nations.
Overpaying someone creates laziness and contempt . If you are worth a price go prove it and get paid . Complaining collectively is not value . It’s a complaint . Solves nothing . Paying them more doesn’t make then more skillful. Does it
“People can be lazy and efficient”, yeah sure, if you believe what the companies tell you to think.
@@joshuasmith9350paying them more incentivises them to perform, to keep their good pay. This is proven in studies.
You’re parroting the stuff that big business owners and execs have taught you to believe in order to help them pinch pennies.🤦🏻♂️
Well this is Tesla, not GM😂
The purpose of the union is to try, often unsuccessfully, to equalise the power differential between capital and labour. Sounds pretty reasonable to me.
Unions create a lord and peasants? No sir, you already did that.
BREAKING NEWS: BUSINESS BILLIONAIRE DOESN’T LIKE UNIONS 😂😂😂
yeah... I dunno how this is shocking to anyone. The only thing shocking here is how many corporate peen gobblers there are in the comments.
What a shortsighted and poor listener you seem to be. You missed SO MUCH of what he spoke to there, and simplified it to something you could rail against....
Why would a business owner like a group that is meant to hold them hostage
Unions have their faults but so do business leaders who care more about profits than worker safety and being able to make ends meet. I do agree with the lords and peasants comment, but that is created as much by executives as unions.
- It is like most of you bring up Marxian-era arguments to tackle present-day issues
- There are unions in industries where safety isn't an issue.
- Maybe your point on executives and unions further creating the lords and peasants framework is accurate.
if there is no profit there is no worker. worker safety and profit are not contradictory goals.
@@phillipbanes5484 - I worked in chemical plants for over 30 years. You have no idea what you are talking about unless pure theory. In theory you don’t need unions if managers truly value safety. In practice saving money matters far more.
@@bernardwongibe5118 - who said safety was the only reason for unions? It was just one example near and dear to me from my last chemical plant burning down and several people nearly being killed in other incidents.
Yup , so start your own business
Elon “I disagree with the idea of unions”
Europe “we disagree with the idea of Tesla”
We have weekends because unions pushed for more breaks in the latter half of the 19th century. Then in the 1930s the weekend was finally here. Mostly due to unions and then employers noticing an increase in production.
It's cute that he thinks tesla will be number one in EV's.
Evs are clearly worse and we have enough oil for a long long time at the rate we are headed towards. Elon is the only 1 ev makers thats blind to how bad they are. Liberals are no hope as well. Hopeless braindead morons enslaving us literally
Go tell it to Earth!
Executives are not worth the tens of millions they are paid along with the benefits they receive that are not available to all employees. If a company doesn't want a union, flatten out the disparity in pay and benefits between employees and executives.
That's not how company works 😅
I think hes saying thats what they did
Unfortunately that's the nature of capitalism. It comes with its good and bad. Those that take all the risk get all the reward, and disproportionately so. Don't like it? Then go seek out some venture capitalists or take out an immense loan in your name or put down your own wealth and start your own business and pay your workers a fair wage with legitimate benefits.
@@ankansenapati3600Don’t waste your time. Every time I see this I cringe, but never has anyone who’s said this been swayed to think otherwise.
So the CEO and the line worker should have the same salary?
If businesses put half the energy into their employees as they do into making profits at all costs, there would be no unions.
My dad was a union steward. He took his job very seriously, wanting to be fair to both sides. Therefore, both sides loathed him. He was stressed out by his bosses (at the bequest of their bosses) to get my dad to quit before his 30th anniversary. Instead, dad had a stroke while on the job. The company paid his hospital and treatments and he was awarded a pension until he died. Dad was blessed with a miraculous recover after a night of prayer. He went on to live over 30 years more.... more than he worked for that company. During all those decades of retirment, they had to pay his monthly pension. Our family by no means were made rich by this, but there is some satisfaction that the bit/chez had to pay more money than if they had just let him retire at 30years with its bonus pay.
Your poor father. There's no reward in being the good guy. Glad he came out on top.
Your dad sounds like a leech, another reason to hate unions and union workers
Glad your dad got healthy again. ... Confused, isn't a union steward supposed to advocate for the workers, and not be fair to both sides, but also kind of be fair to both sides?
SOUNDS LIKE A COMPANY MAN!
Hate to break it to you, but the doctors and nurses saved your dad, not God. God doesn't care.
It's called bargaining power by the labour force. Of course Elon Musk doesn't agree with the whole idea of unions, he doesn't need it. Unfortunately, you can't be both the adjudicator and the advocate. If employees want to organise themselves, do not infringe on their right to do so. Of course, with that given,the power of unions should also not go unfettered.
Look at California's unions, ANY union and tell me if they're a good thing. Unions cost the consumer TREMENDOUSLY.
They have a right to do so, but you don’t have the right to force a company to deal with the union, and that’s the problem with unions in the US. The government is basically on their side and that’s total BS.
Tesla should also hold the right to fire you based on such movements, you can organize outside the company and create your own business and company which provides you with all the demands you prefer. You are free to work else where, versus taking your time to fight your own employer.
I worked at a plumber’s union. My pay was higher than non union plumbers, but they took that extra pay in union dues. They then gave the union dues to local politicians who I don’t support and to make the union bosses rich. What a scam.
Tesla is a robotics company. Eventually, every job in manufacturing will be replaced by Optimus.
What he is talking about is a place where Unions don't need to exist. Yes, a union wouldn't be needed of the workers were happy and felt they were getting a fair piece of the pie.
I mean, we wouldn't need police is nobody committed crimes... Same idea
How about work the contract you sign? Don’t like it? Leave.
Without union employers are less free to just "do what they want" and that's both a blessing and a curse. In Europe unions is a pretty standard thing to be honest, not sure why Americans think it's some communist Russia type of deal
@@Ryanderson8467But Tesla’s work conditions aren’t the same. So the historical comparison is irrelevant.
He can make all his own cars and things by himself then. See how that works for him.
How is it pulling a trailer with cattle and horse on that battery life? What if im sitting at my oil well for hours, hows battery life?
Unions were created to protect the employee because companies lost site a LONG time ago of taking care of the people that run their companies. So employees formed Unions to protect themselves and their best interest. When a company cares about it's people it thrives, when a company only cares about it's share holders, not only does it show but the employees don't care about the company.
What!? Companies never had that "sight" to begin with! They've always been awful and will always be awful.
Please name a time when workers were treated with respect without unionisation… I’ll wait…
Elon specifically doesn't take care of his employees.
Now what happens when the workers are the owners/shareholders?... like with Tesla?
@@CG-dd9tb Interesting... I worked for an engineering firm in prototype fabrication. More often than not I was building complex machinery from sketches even before blueprints we drawn. If I ran into conflicting sketches I'd call the owner and ask which sketch to follow. Almost always I was told "Do what you think is best and update us." If I saw part of a design I didn't like for some reason 90% of the time it was changed. I don't have 17 letters after my name but do have some self developed skills and a lick of common sense. There was no desire to unionize that company at all by anyone.
"I don't like lords and peasants" says billionaire, denying his employees workplace protection
Says the guy who bought Twitter so he could personally decide who to ban
Says the guy who forced his assistant to go on vacation so he could prove he doesn't need her and fired her when she got back.
Hello 👋 thanks for your support in my dream and career I’m happy to have you as a fan 🚀🌎
Hello 👋 thanks for your support in my dream and career I’m happy to have you as a fan 🚀
@@TBonertonpretty based tbh.
"No lords and peasants, everyone should eat at the same table." If there has ever been a time in humanity to change this, it's now!
yeah unions are there to get a seat at the table.
US Oligarchs love XI he keeps people inline permanent ruling class standing O all hail president for life XI
nope
i dont want to eat at the same table as meth addicts and junkies.
It's a great idea. No one in Musk's position has presented a single good idea on how to make that happen. They all just lobby for more power.
All you have to do is google how he treated Twitter employees after he bought it.
Go tell it to Earth!
You mean firing the useless people and propping up the hard workers? Man what a monster
@@donovanhouse9584 Proof?
@@KH-qy7fm the source is the employees themselves 🤣 all the people that got fired and cried on the internet worked in the Human Resources department for cultural and sociological aspects of the business. You don't see any videos of actual technicians that literally build the website crying about being fired
@@KH-qy7fm spoiler alert: its because they weren't fired. The actual useful stem majors were kept and the useless pink haired sociology majors were all fired.
All the unions I have had experience with defend the worst employees, the teachers union is a good example.
That is one issue with unions for sure. If an employee is bad, stop defending them. Kick their ass or let the company do the right thing and fire them! Unions should be about workers rights. Part of workers rights is the right to not be stuck working with incompetent idiots that make your job harder.
That is true, yes, but not completely true. They typically do not last. I was a teacher for 11 years and the 50th percentile was 4.7 years -- that is: half of all teachers would burn out or get priced-out due to low pay or leave the field and do something else, which was sad because often these were the top teachers. Anyway, almost always included in the attrition group were the mediocre, lazy, unqualified teachers because the students would effectively weed them out as a consistent, giant amalgamated cohort, making the classroom environment unbearable. And the rep in the teacher's union would help them make the transition to a new career. At least in my school district mediocre teachers represented a small fraction of those who had the capability to survive. Nevertheless, yes, some unqualified ones survive and there is some union rep who will make the lemon dance and point them to a new school district to destroy.
What Mr. Musk really wanted to say: "I f**king hate unions!"
Me too!
If he wanted to say it he would of said it!
@@stiffshaft4060 Umm.. Mr Musk is a genius man-child, like a man with verbal uncontrollable tourettes. I'm 100% absolutely certain he had this intent.
@@stiffshaft4060No he woudnt becouse thats bad image to show of your self
Unions are trash
Of course. He pays in average at least 10% less than the unionized companies for example in Germany or in Sweden.
That’s probably correct, but taxes in Germany are 17% higher on wages than the US, and Sweden is roughly 30% higher than an OECD nation like the U.S., so comparatively, it’s better for the Tesla employees to be paid 10% less.
Ask how many gm union employees are millionaires because of their stock options. Unions were good in the beginning but the UAW is too corrupt at this point and will inevitability be responsible for bankrupting the big 3
Once part of a union you are a slave to the union, having the option not to be part of a union is the freedom option.
Unions sometimes get so big, it becomes a government itself, just as dethatched from the workers as governments usually is today.
@@michaeldodd3563 That's not how that works.
@@ShiftheadsO.k. how many. Do you also understand who benefits from stock buybacks, I'll give you a clue, it's not the employees. I guess someone should really tell unions they should stop raising the CEO's pay by so much. Shame on the unions for doing that.
So you're saying that the billionaire nepo baby is against unions? Shocking
He just wants the workers to obey without any questions
best line of the day. many people who didn't even know what stocks were. we made them millionaires.
Is he saying he made the production workers millionaires?
@@rolewis13 he's saying he offered them full stock options and they made themselves millionaires by buying Tesla stock at a discount.
yes, via buying company stock at discount@@rolewis13
@@blitzme99 I’d love to see a spreadsheet of all the regular employees that work at Tesla who have stocks and are “millionaires”
Uhh it's pretty cheesy, and strains credulity. But if it gets you pumped more power to you.
They dont like unions because it uses the exact market forces that they use without unions, namely, negotiating with one party. Its to the CEOs advantage they are the one party, but when the workers become one party in the negotiation, they dont like it, cause it brings back the power to deny divide and conquer.
"I don't like unions, lords and peasants. I'd prefer there just being lords - and nobody else talking" lol. Unions can ask for too much, same as Execs can be greedy. But fundamentally, it's absurd to be against humans grouping up to increase their leverage, if they're being mistreated. If Musk can keep the workers content and avoid a union, good for him. But he saying he's a Saint-Friend of all workers, begs the question, do others love him as much as he says all love him? Don't tell him to his face, it's said he fires ya on the spot - and with no Union protection, you're gone Lol
where can i find the full interview?
ruclips.net/video/zlgBcyfybWI/видео.htmlsi=vxi8LkK_9iTQ-rvd
It's CNBC and you expected them to actually show the full interview? They don't do that over here 💀
ruclips.net/video/zlgBcyfybWI/видео.htmlsi=Ur2qOvAYlLxTwG5i
@@02nupe I looked, couldn't find it.
if you watch the whole interview, you will realize that they chop it up on purpose, so that it fits the narrative. They don't want that.
As a person who retired from a skilled trade union, we are not like govt. employees. They can lay us off with no explanation needed. We go back to the hall and take another job. The unions with seniority are the real issue. No way to get rid of deadwood at all
deadweight
That is correct. When someone with seniority can stay above someone who is a harder worker, there is a problem.
Why are they deadweight? Too old to work?
@@clydecash5659 no. Seniority kills motivation. In the skilled trades seniority does not exist. We have no problem at all with older workers. They show up everyday to work. It’s the younger ones we have issues with.
@@clydecash5659 seniority is just another name for socialism. I don’t have to do anything and you can’t get rid of me…..
It's funny he doesn't mention BYD specifically. Just "the Chinese car companies".
Unions occur when business fail to take care of employees in regards to pay, safety, and no at will. For the most part if you take care of those needs you don’t need o e, however with AI, technology, outsourcing to China the American worker does need some type of security and unions for better or for worst provide that for their members.
Even without AI bargaining power by the workers is a must. AI is just another hurdle (although exciting and useful)
greedy unions are the reason our manufacturing has moved to china...
Greed is why you need a union until the union smells blood and then you need a co-op instead of a union.
Teamster for 17 years, he has a point. If the shop is fair to begin with, talks of unionizing tend not to happen naturally. If they start to swell, theres usually a clear reason for it.
And let's be fair, not all employees are model workers, but usually the company will start an "Efficiency Drive" meaning we want you to do more for the same wage, Don't know about anyone else, but I am a Businessman when it comes to my rate of pay and any agreements therein, If 8hrs is the working day, why would I give anyone 1 - 2hrs extra labour for free? Just not good Business.
I’m not a member of the union but I like the work of the union.
They make it easier and safer that there is a good foundation, and make some very good work for the workforce, but I set my own price/criterias if an employer wants to hire/keep me.
Employers are always allowed to go above union standard, union is just a bottom line.
In no way does the union hinder the opportunity to treat the workforce well, that’s some bull. However, hearing/listening to the workforce can be a tough pill to swallow
One issue folks miss is there is often Wall Street pressure to lower costs, including labor costs. Executives out of ideas also cost cut. The benefit of lower costs (at least in the short run) goes to shareholders which include executives.
One counterweight to wage deterioration besides quitting quitting is unions. High turnover can negatively impact a company in spite of mgmt pretending otherwise.
Traded companies are anti-worker and are beholden to chasing short term profits. It's why the economy implodes every few decades. They put short term gains ahead of long term growth, sustainability, and stability. Then, when they implode the economy, it is the mega wealthy that are in position to capitalize, getting a soft "reset" of the economy to dump their billions into. In the case of covid, we saw billionaires in some cases double their net worth in a few months. While Covid wasn't a result of irresponsible profit chasing, the result was essentially the same. Economy tanks, billionaire class only ones in position to capitalize, and they are the ones that own the giant corporations that drive the economy.
> One issue folks miss is there is often Wall Street pressure to lower costs, including labor costs.
Wall Street does fack all, most of Tesla's shareholders are passive index funds who don't interfere with operations.
Unions use governmental powers to coerce employers into forcibly keeping them when they don’t want to and increasing rates without allowing the employer to legally replace them with lower cost staff.
The opposite is not true though employers do not forcibly coerce employees into staying forever.
Consent seems to go one way.
Research why an employer cannot legally fire a union worker.
rooting for the swedish working folk. and their union.
ok coomie
Okay you didn't listen to the rest of his answer
You can't put unions existing on a scale of good or bad. Sometimes they are wonderful things for everyone involved, and it's a well oiled machine that provides opportunity for those involved, other times there is essentially not enough market shares in the type of work that is being performed and so the idea of the people doing the work not feeling like peasants, simply doesn't exist, because the field of work produces less profits, and in turn a lot of times, unions in those situations are looked at as greedy leaches instead of useful facilitators of commerce.
A balanced opinion. I can appreciate this.
Just like any group you can freely associate with like a political party
@@michaelandrews4783 political parties are garbage
Unions are, by definition and in practice, Marxists. They began with and perpetuate the notion of Oppressor vs Oppressed in the terms Management vs Labor. As Marxism destroys freedom, liberty and self determination, so does unionism. Unions are, indeed, bad.
Elon not saying the unions that have helped millions of people are bad he’s saying the idea is bad you shouldnt need a union if done right
The day I started work in MI as an 18 year-old on the assembly line at Buick, a union shop, I could have bought a house, a car, and gone out looking for a wife. I was paid enough money to do that. Plus, I had full coverage medical insurance, insurance that would have covered any family I might end up with. But I worked there just long enough to get the money to go to tech school, get a 2 year associates degree in electronics then move to Colorado. In Colorado I went to work at Hewlett Packard, a non-union shop. I made minimum wage, and lived in a dive apartment and rode a used motorcycle to work, summer and winter. After 3 years I finally managed to buy a cheap used car so I didn't have to ride the bike in the snow and rain to get to work. I moved from non-union tech job to non-union tech job trying to get paid better over the next 2 decades. I never did make enough money to afford a house or a family. THAT'S the difference between a union job and a non-union job. Of course Musk disagrees with the idea of unions. He wants ALL of the money! Duh. That's why he's got a quarter trillion dollars while people who work the assembly line for him are sleeping in their cars. It's as simple as that, folks. The billionaires have all the leverage and will shaft you unless you organize to get your own leverage and make things fair. Never forget that. Musk thinks people are stupid sheep to be fleeced. Are you?
If he gives his employee stock options and he's a billionaire because of the stock he owns and I think they kind of have some money to probably. If he was only in it for the money and power like most of you morons think why would he share his patents? I don't see Ford or GM doing that.
Dude stop listening to MSNBC he doesn't have a quarter trillion dollars in his bank account. His stock is worth that much there's a difference.
I worked in mostly non-union jobs my entire life. The union job I worked at I made less money than I do now. It was kind of a cool job but that was really more the company than the union. Unions just slow everything down, and make everything cost more. I was told by someone who's on the board of the Carpenters Union here in Arizona that I needed to slow down because I was making him look bad. That single sentence right there sums up unions for you.
It's kind of like teacher unions. All of their students could fail and no one can fire them.
It makes for lazy workforces.
Kind of like why TSMC had to bring its own workers from Taiwan to speed up the process of construction of its factory in Arizona. Unions make people lazy. The problem is is they're allowed to be lazy.
Some people just have no interest in working like that.
I don't support unions.
58 Billion dollar pay package 😮
Maravilha eterna gratidão es gigante que a pequena essa turma sucesso sempre continue assima cada dia que o conheço mas o admiro o amo me inspira pena nao ter conhecido antes grata por poder assistir conhecimento e vida nos liberta
Having worked both union and nonunion, i would say both are good for a balance of power / fairness ? The non union jobs usually try to give perks to keep from becoming union. I suppose without unions there would be no incentive for such things.
They offer incentives because thats less costly than having a union form. So no matter how you boil it down, they're trying to keep more money in their own pockets.
Yes, unions even help non union workers!
@@tonygrowley5275Problem with unions is that low performers benefit the most.
@@cory99998 It's called capitalism. Regardless of our opinions, capitalism has raised the standards of living for all classes than any other system. I'm not saying there is not anything better. I'm saying to date, there has not been anything better. We are open for idea's. Any idea's?
@@homeontherange733 It's pretty simple, socialist elements being incorporated into the current system
In Mitt Romney's book, when his father ran and had saved American Motors, he was surprised that he was not to be allowed to go onto the factory shop floor without guards because he would not be safe!
The heading, "I disagree with the idea of Unions", is misleading.
Listen to what Musk actually says during the interview above.
Where do the batteries come from? How are they disposed of...?
🚙🔥
If GM has private elevators for their senior executives then maybe it’s the mindset of administration that is creating a mentality of lords and peasants and the unions are simply a response to that type of work environment.
It's a chicken-egg situation I think. Collective bargaining REINFORCES the lords and peasants culture. It's like the plebians of ancient Rome; having one collective vote is better than zero, but you are still serfs of the nobility.
Unions are always doomed due to middle management and over-regulation. Individual bargaining leverages better pay, better production, and less bureaucratic waste
@@trequor please study the history of labor, you are talking out your ass. Unions are the only reason we have made progress and allowed any bargaining at all i.e. the 5 day work week, 40 hour work week etc.
I am sure he does disagree with the idea of unions. But it's not his choice.
It is his choice depending on state law.
@@beantownbeatdownimagine living in a country where slavery is still legal.
@@Louis13XIII imagine that eh
@@Louis13XIIIwhich state has legal slavery
@@reservationatdorsias3215all of them, according to the 13th Amendment.
"Neither slavery nor involuntary servitude shall exist within the United States, EXCEPT AS A PUNISHMENT FOR CRIME".
So more Tesla model Y are being sold than Toyota Aquas (Prius C) somehow I don't believe that.
It's because of the Chinese market. He's predicting the minimum sales in China will outdo any other brand's car the US since they have 10x the population.
And I disagree with the idea of billionaires.
I'm a tech entrepreneur and Ford was a client once. We went into the plant to set up video production equipment and dealing with the Union workers was a sobering experience.
I've never experienced such animosity between workers and management. We weren't able to do our job because we were 5 minutes past the time when they worked. Even though it meant that they weren't going to be able to do the work they needed to, they made us leave. The work environment was toxic and I was glad to go.
Not sure if you mean you arrived 5 after the workers shift began or ended. If it’s after the shift ended well, they aren’t paid to be there afterwards. Much like if someone hired a photographer from 1pm-2pm you wouldn’t expect that photographer to stick around for free until 3pm.
Also, since when do employees create company culture? That’s the employer…
@@Michael-pi8pssound like a communist…….all people used to work because they had a conscience….now they work from 8 to 5 sharp and let the hell get loose
@@irinab7524It’s communist to work what you’re paid for? Sounds capitalist to me, you’re there for the money. that’s why you work a job
I would question how long ago this was , I joined my unionised company 12 years ago , in that time the union has sold out giving away everything that was hard won by the workers in the last century.
Doesn't really matter. The caustic relationship between the two parties has always been there. An adversarial combative attitude is a poor way to Foster excellence and both parties are responsible for that.
easy to brush off the old "lord and peasant" situation when you are the executive
It’s kind of insane really. He is a billionaire and whether he admits it or not, semantics do not matter because when compared with the average employee at his companies, they are at the complete mercy of his decisions.
You SOOOoooo missed the point.... Dude... try again....
@@user-ln9bk7mo3l look into how current and ex-Tesla employees are treated.
edit: why is your name EV Chargers 😂😂😂 what am i up against
@@user-ln9bk7mo3l no i think you did.
Elon is so out of touch when trying to relate to his workers. This is the reason why we need unions
Nothing strikes fear into CEO’s more than union coming in. Being incredibly appreciative of workers means compensating $$$
No lords and peasants. That's why he does example firings to keep everyone on their toes, and fires people for disagreeing with him or saying something negative about him.
"Retaining them is really the hard part" -I believe you.
@@Ryanderson8467 Yup.
"If they're going to bribe me, with mOnEy, they can GFY." *swings head side to side looking for laughs that don't come.
Meanwhile, bribes workers - with money - on a daily basis. And officials too: who else gets to launch rockets on a nature preserve. Give me a break ya living muppet.
Pretty simple. If you are having a hard time retaining people you should consider paying them more. That would do the trick
A company can only pay their workers more if the end customer is willing to pay more for the product. You can't try to build cheaper cars while paying more wages at the same time. Where do you think money comes from? Go read a book.
Right on!
@@AashrayPaul97not necessarily you could also simply reduce your profit margins to facilitate a wage increase.
Tesla had net profits in 2022 of 12.5 Billion dollars
All I'm saying is nobody owes anybody anything. If you can't retain people for difficult work at a certain price point you should consider increasing the pay in order to incentivize workers to stay. If not then you need to be ok with large turnover. If you can't afford the higher pay, then you need to plan how to handle the high turnover. But I have a feeling that Tesla has plenty of profit margin to cover a pay increase.
NO! Musk CANNOT raise wages at his own expense. He has to be able to eat!
3:10 the "lords and peasants" aren't managers&line workers, it's shareholders&employees
The office Musk happens to hold as CEO is entirely separate from his 13% share that would provide him wealth and income if he quit until the day he dies.
Tessla has failed. Workers have no rights in Tesla.
The only way is to maintain a balance on the power given to unions and the management.
The only vay* to maintain a balance on power given to unions and vanagement*
Yeah like the balance between Elon and his board of Directors that are willing to pay him billions?
The CEO of GM is taking down $20,000,000 (that's TWENTY million!) dollars per year. Those bad, bad unions!
It’s going to be really hard going into the future hiring that many people and keeping them from joining or forming a union. It seems to be a natural thing when companies start hiring that many people, it’s easier to get one contract for everyone. I seriously doubt certain unions will never go away.
They literally are like the mob tho. Historically they literally have been.
unions are the product of greed
@@davidwells2515 This is not true for a lot of Western European countries that have strong unions.
If corporations pay people according to their output and productivity , willingness to work with the company and sobriety on the job then we wouldn't need unions .
@@sirclarkmarz
If only you knew how unions really worked😂😂😂
"If people want a union then we failed" says the guy who wants people at Twitter to sleep in the office and work 20 hour days
That is kind of like saying "I disagree with the idea of Susie getting to reject my advances".
It could be that Tesla employees don't need a union, if they are truly happy with all of their working conditions and compensation, although there are those who claim otherwise. Even if Tesla were at the current time the exception to the rule of class divisions, which is likely only partly true, there is no guarantee that it will always be the case. An exception to the rule is also the exception that proves the rule exists. Unions weren't formed to create a lord-peasant relationship, but to resolve the power imbalance of the one that already existed.
The Swedish working market is designed around a union and not government controlled.
How do you know that the safety at works is enough without controlling it?
How do you know that companies treat their employees well if you don't control it?
No, workers can just leave if they don't like it.
Even tesla, with workers, has easy to find other works has guess workers that have to leave Sweden if they lose or leave their work at Tesla.
This is the system in Sweden, if Tesla don't need to adapt why should other that could use their workers even more. Sweden don't even have a minimum wage so a cleaning company without a union agreement could employ people and pay as little they want...
@@henrikl4244 Sweden is definitely an outlier with regard to popular support of unions. I'm not sure what was different, other than perhaps an ironic mix of popular support for egalitarian principles of socialism, combined with a healthy fear of the authoritarian dysfunction of the Soviet Union. Unions are a compromise between the extremes of unchecked capitalism and the rigidity of socialism. It's a delicate balance, which most countries have been unable to achieve.
Union were born in greed, crime & violence, use government enforced monopoly to extort unearned, undeserved wages/benefits far beyond free, fair market values, inflating costs of goods/services, thereby robbing/cheating hard-working honest taxpayers & consumers.
Unions have destroyed every industry & institution they have infected.
Tesla is under investigation for inhumane, unsafe, an discriminatory working conditions. Easy to google.
As for Musk's management in general, a staggering number of twitter employees are suing him for breach of contract.
@@crawkn European countries typically have strong union representation within their work forces. Finland has around 90% of it's work force in a union and even Germany is around 55%. It's not fair or accurate to say most countries haven't cracked it, at least from. Western world POV. The true outliers are the USA and UK who have very low union representation. Also some of the worst inequality, funny that...
Having a hierarchy that gets down in the trenches with the workers would be beneficial in helping them lead more efficiently. Every parent or aunt/uncle of young children knows that you have to be able to get on the level of understanding of the person before you can provide adequate support.
having a union that can do collective bargaining on behalf of the workers would be beneficial. this idea of bosses and workers magically transcending their class differences and working together in harmony is remeniscent of volksgemeinschaft which was embraced by the nazis while they initially pretended to be on the side of workers.
Argentina is full of unions, how is it working for them? Incompetent workers that cant be fired, corrupt unions that work for the powerfull and keep the poor on the floor, black market of goods, its just a mess
Believing in unions is for naive people that think humans will just unite for the greater good and be happy, never using an unregulated un controled power for their own benefits, joning forces with the same people you were supposed to fight
People are so naive or dishonest...
@@shway1 Every Marxist ideology(and yes I count fascism, communism and wokism as Marxist) claims to be on the side of workers when its time to recruit but end up betraying workers by imposing unhinged systems, Hitler and Mussolini simply took good ideas(like Nationalism and class cooperation) and twisted them almost beyond recognition(partially by applying Marx ideas of group struggle to the relationship between nations and in Hitler's case races) to make them fit there own totalitarian goals. Also while outlawing unions wouldn't be worth doing there books need to be open to members and the Marxists and organised crime need to be kept out of unions for them to be anything other then a tool of shady factions, I live in Canada and feel the Marxists and organised crime turned unions into a dangerous net loss for Canada(in terms of freedom, prosperity and security) and the issues are not only in Canada(there wherever Unions are not safeguarded from such bad actors). .
@@shway1 Yea I mean it's beyond idealistic, it's a kind of fantasy. Truth is they are treated differently in pay. No one part of a working interdependent machine is any more important than the other, if one part fails they all fail.
For me personally though money is like this: Ants don't use money yet they work together and have different jobs. Humans use money because money and power appear synonymous, and humans have separated from all other life because of our desire to control the environment around us on some very fundamental level. Money appears to be the key to that.
But it's not, people working together is the key to that, people have just bought into the lie that it can only be achieved with money. It's a scam, a scam set up by wealthy people to enslave others. Truth is people have lived on this planet without money for upwards of 500,000 years, and we'd be to some degree civilized and have some form of technology despite money if it was never invented.
Think about it, most people really do hold 2 hardcore beliefs:
1. You cannot physically survive in this world without money
2. Me nor anyone else will work at all without receiving money.
What a joke. It's honestly kind of creepy how hardcore of a belief that is for people. There are an insane number of people on this planet that work together and don't get paid a dime, and a staggering number of people who have never held a single dollar in any currency who live to be quite old. It's mind boggling really.
@@bgrl6422 and I could say increasing wages leads to greater consumer demand, which increases the number of jobs. increases in the minimum wage also have a tendency to push up the wages of people earning more than the new minimum. and it's not "artificially" increased by unions, it's artificially decreased by the power and information imbalance, which is why there are unions. also tbh this kind of armchair reasoning about supply and demand is pretty limited. a lot of these assumptions fall apart when you do actual economic research and realize things are much more complicated. meta-analyses show there is basically no correlation between increases in the minimum wage and unemployment.
This video title is so melicious. Once you actually hear the context you understand he's not really against unions and workers having rights he is against companies that make people feel like they need a union.
I'm sure Tesla compensates their workers fairly without Union participation.
Unions help maintain a middle class, it's not companies like Tesla that need them but there are so many that take advantage of employees and in counties without strong industrial laws those employees have little recourse
one of the most cushy jobs out there is to become a union boss
No. Unions make everything more expensive. The opposite of what the middle class needs.
What helps maintain the middle class is a sound currency and low taxes. There are many in middle class not in unions. Higher taxes and inflation is what is eroding away the remainders.
I am management and we have union field craft, they out earn me and they will retire long before me. They make sure they get every one of those 15 minutes at each break. They make sure they don’t do one stitch of work outside their classification. They make sure they don’t work unless they have the helper that they don’t need but they are entitled to in the agreement. They make sure that the shift shutdown process starts 90 minutes before quitting time and never ever start the next step if it could possibly encroach on the shutdown time. They make sure to always gossip with craft in other companies and drag up if they hear they can get an extra hour or two of OT over at the other job. They make sure to make you understand that the quality of their work is unassailable because by god its union.
Yet nothing is made in america
Who would've thought a CEO would be against unions. Shocking news!
He hates workers
No way! CEOs want their workers to be treated fairly
@@mg-by7uuonce you grow up you’ll find out the truth!
@@eurowan 🤣/s
@@whydoineedahandle406The ones who he made millionaires?
I learned something, he did not the mentioned the company's name the gives him competition in china but he simply just mentioned car companies in China.
Notes: If he mentioned the name of the Car Company from China, he will be praising them abd giving them free advertising.
Workers standing up for their rights, what's not to love? ❤
I Think His views of unions weren't really views on unions . they were more of problems he had with GM and other car manufacturers. I've been union for 21 years, and if you work for a good company, there's no fighting between unions and the company. Up until 7 years ago I was union for a family ran garbage company and we all knew the owners and their families. I may not know the owners anymore but management treats like family does cool things like Christmas raffles hotdogs on Wednesdays. They also do everything the can do to not fire people. My union is only there to make sure wages and benefits go up and that not only some people get paid more. We all make the same hourly pay and have same benefits after so many years. It really makes life simple instead of fighting with a company and them eventually trying to get rid of you because you make to much money. They would have to fire everyone because we make the same. Not to mention you rarely get let go for one incident unless it's drugs alcohol or driving with cell phone. Gm Ford and the rest aren't good companies they're bad with money they have to many products and those products are over priced.
The issue with legacy corporations is the fiduciary responsibilities of the CEO. They are restricted from making good long-term investments as it would break into the bottom line of the corporation.
The other issue is the current Corporate CEO culture. Let's say there is this magic CEO and board members that bring record profits to a company. So, stock owners vote those people into position within their company. In the corporate space, one could make short term solutions that are incredibly profitable but long term ruin the company. So, this magic CEO and the board do the short-term solution, sell their company stock, get huge bonuses, then leave the company on a high to secure their next CEO and board positions. And after they are gone surprise surprise, the company is doing poorly. That's basically been the big three since the 70s.
If there's no fighting, what do you need the union for? It would be better to pocket the union dues yourself in that case.
But then what do you do in that environment if someone decides to work slower and drag his feet compared to everyone else in the company? The union is still obligated to help him if he is fired by the company. How does that make it “fair” for others making the same wage while one guy is slacking off intentionally?
@@KevinSmith-qi5yn One reason for the CEO culture of these days is the large pension funds and mutual funds. They own huge chunks of stock, but they don't care if the company survives long-term, because they'll just sell the stock if the price fluctuates.
Another problem is that companies now focus on exactly and only what they do best. I worked at Google. None of the cooks, baristas, payroll people, janitors, electricians, etc were working for google. I got to take free classes. They didn't. You'll never see anyone work their way up from janitor to executive again, like the lady did at Kodak.
Yes, he said what he didn't mean he said. Makes perfect sense.
He's a literal child. Also - anyone who flies around in a private jet like Elon Musk emits more pollution than millions of working class people combined.
You think musk doesn’t know this?
can i submit my design for a break away three stage rocket to tesla
Unions become a form of direct democracy when they take control of how the work is done. In the transition to socialism management job becomes more of one that takes care of the administration of things rather than people. If Elon actually comes down to the plant floor and works with and does the jobs of the actual production workers that shows a sense of humility on his part. As long as we have capitalism the trade unions serve to place defensive limits on what management can do at work without the workers consent.
Unionize is just making companies less competitives. I have been working in that environment, it s unconstructive, it s inefficient. In the long run, the companies either go bankrupt or being bailed out by governments
Unions can indeed make companies less competitive, but they have been and are still necessary. It used to be dangerous work conditions, overwork, low wages, and lack of holidays that necessitated unions. Now it's low wages for workers and absolutely outrageous compensation for senior executives, most notably CEOs. How any CEO can take home that much money and still lowball the workers is incredible to me.
Unions make who less competitive?? Competitive vs foreign companies?? Please… there’s a hellava lot more going on than just simple, straightforward competition… 😂😂😂😂
Wait, Did BOEING and AIRBUS go bankrupt and disappear ? They are heavily unionized and yet they’re ultra competitive and are at the forefront of technological achievements in aviation and aeronautics…. Maybe it’s that you work at a failed company and it has nothing to do with unions….
@@mrparts 100% facts… 🍻
Let's get rid unions for CEOs, it called Board of Directors...