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Comments on: Actors back union out of self-interest http://www.tvhe.co.nz/2010/09/29/actors-back-union-out-of-self-interest/ The Visible Hand in Economics Thu, 30 Sep 2010 21:01:04 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: Matt Nolan http://www.tvhe.co.nz/2010/09/29/actors-back-union-out-of-self-interest/#comment-30896 Thu, 30 Sep 2010 21:01:04 +0000 http://www.tvhe.co.nz/?p=5379#comment-30896 @rauparaha

Oww I agree 100% rauparaha. I just felt like only showing one side 😉

Ultimately, I would say an industry like the film industry where there is likely to be a monopsony purchaser of labour is the right place for a union to exist. However, if a sufficient union hasn’t been formed by members (it sounds like the NZ union that “did” exist was pretty crap) then I take that as an indication that maybe this isn’t the right place for it.

Also, if people decide to become actors with the knowledge that they will get paid a pittance that is their choice – these people do have an outside option that offers a fair wage after all 😉

So overall, my person opinion is not as strong as the one I put in the post – but it is sometimes more fun to pretend to have a solid opinion.

]]> By: rauparaha http://www.tvhe.co.nz/2010/09/29/actors-back-union-out-of-self-interest/#comment-30884 Wed, 29 Sep 2010 03:38:23 +0000 http://www.tvhe.co.nz/?p=5379#comment-30884 I doubt it’s because they are wholly self-interested: I’m sure they think they’re doing it in the best interests of other actors. My hypothesis is that they don’t consider the interests of those who are not presently employed as actors because people have evolved to intuitively disregard the interests of those outside their own group. So they only weight the interests of actors presently involved in negotiations when making their decision and thus believe that the union is helping.

It may also be that the producers are trying to bargain actors down to their reservation wage, which most people would intuitively regard as unfair and reject.

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