The Role of Unions in Specialized Industries
Unions are beneficial for industries with specialized jobs, such as airline pilots' unions. However, they may not be advantageous for all industries, as human nature often leans towards wanting "something for nothing." This can be seen in scenarios where auto drivers demand high wages while sitting idle, which eventually leads to their jobs being taken over by cab drivers.
The Future of Unions
The relevance of unions may become obsolete in the coming decade due to rapid attrition and industry changes driven by technological advancements. In conclusion, I would like to quote Darwin, "It's not the smartest or strongest who survive, but those who are most adaptable to change."