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WORLDVIEW: Here’s why SA’s trade unions are a problem
Trade unions are a good thing. However, in the SA context, trade unions are having some unintended and very negative consequences.
Trade unions are a good thing (I know not everyone agrees with this statement, but I think it's true).
Fundamentally, unions allow workers to have a stronger voice in negotiation and, thus, to claim a bigger slice of companies' profits. This is good, because workers spend most of their money, circulating it through the economy and helping to boost economic activity. When unions are weak, workers tend to get a smaller slice of the economic pie, and that can have negative implications for people's living standards and the broader economy.
However, in the context of SA's particular economic circumstances, trade unions are having some unintended and very negative consequences.
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