Dean's World

An interesting economic analysis I picked up at Instapundit says well, maybe so.

I like the reasoning.

I think that unions were vital and absolutely necessary a hundred years ago, less so 50 years ago, grew almost irrelevant 20 years ago... and I think they have started becoming more important again, and will only get more important again as time goes on.

Not due to idiotic pseudo-Marxist rubbish but just because they really are a useful counterbalance against big corporate power over employees and local communities.

The problem is that unions really need to update their thinking for the 21st century.

Please explain to me, in 100 words or less, why a publicly-traded corporation is less of a statist, collectivist enterprise than a trade union or a guild.

Alternative:

Please explain to me why a publicly-traded corporation is more of a natural expression of the free market than a guild or a trade union.

I don't think you can.