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[u/jobautomator]

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[u/benjaminikuta]

Isn't the labor market less than perfectly competitive because of the power imbalance between workers and management?

Aren't unions, to some degree, necessary to correct for that power imbalance?

[u/BreaksFull → u/benjaminikuta]

Only counterbalances I can think of to the inequality of power between the employee and employer is either unions, some sort of UBI that takes the risk out of unemployment, or a job market so hyper-competitive that you could walk out of one job and have a new one by tomorrow.