Pandering to one high-profile group of workers only drives up the costs to everyone else -- whom you ignore.
But "imbalance of power" is the norm between any two parties in a transaction.
Not necessarily. If a business needs people with skills that are high demand the balance of negotiating power swings in favour of workers who have that skill.
So in a few cases the balance is equal. But when it's not, it doesn't matter. It's totally irrelevant that there is this power, or that anyone is equal or unequal to anyone else.
The norm is that those with more of this "power" will do better in negotiating, which is fine. There is nothing wrong with the fact that those with higher skill have more power, and that those with less skill have less power. It is the norm that those who have more economic power will do better. Shouldn't someone with more skill (more power) earn more than someone with less skill? Or shouldn't someone offering a higher price get more in return? What's wrong with the "imbalance of power" favoring those who have more?
Plus if workers are unionized and are able to negotiate collectively, that tends balance the power dynamic. That is the point.
There is no need to "balance" anything. Everyone wants more power than they have. That's no reason to say they're automatically entitled to it. If they have less to offer in the negotiating, that's their problem. There's no need for society to correct a supposed power imbalance between parties to a transaction.
Whichever has more $$$ has more power than the other. That doesn't mean that the one who has more is doing anything wrong, or that the one who has less can't make a free choice. Whenever I buy something at WalMart, there is an imbalance between that seller (WalMart) and me, but just because WalMart has more wealth than I have, and has more power, doesn't change the fact that I'm making a free choice. And it's not automatically wrong for one side in the transaction to have more power than the other, So, the employer is doing nothing wrong, i.e., is not guilty of anything just from holding more power, and the employee is making a free choice, even though s/he has less.
Why are you fixated on someone ''doing something wrong?'' The issue is systemic. Without collective bargaining the power lies heavily in favour of the employer, individual workers can simply be told, this is what we are paying, take it or leave it.
So what? There's nothing wrong with it, so why are you bringing it up? There's no need to change that if there's nothing wrong with it. So everything is fine about this and let's move on to something that needs changing.
When I reject a product at WalMart, I'm saying to them: this is what I'll pay -- take it or leave it. Same thing with an employer or any other buyer of something. So what? Take it or leave it. That's America, that's the market. Each party to the transaction says what his/her terms are, and the other one can take it or leave it. And you agree there's nothing wrong with it, so why are making a fuss over it?
Which a business, being largely profit driven, keep running costs to a minimum, etc, may naturally seek to take advantage of.
Fine, they take advantage of low cost. Like they should. Good capitalist or consumer -- get the best deal, the lowest price. So then what's the problem?
To say they are ''doing nothing wrong'' doesn't address the issue of industrial relations, minimizing exploitation and . . .
What issue? There is nothing wrong with relating industrially or taking advantage of a good deal. There's no reason to minimize anything as long as everyone is making a free choice to work or not to work, or to buy or not to buy, or to sell or not to sell. If you don't like the deal or the terms, you're free to walk away from it. That's all that matters.
. . . and ensuring fair pay and conditions for all workers.
We can't ensure your subjective feelings about what is "fair" for everyone. If the guy is free to refuse that job, or quit, what else is not "fair"? Why won't you let someone who is desperate offer his labor at a low price in order that he can have a job rather than starve? If he can't find a job at "fair" pay, because that price is higher than any employer thinks he's worth, what's wrong with letting him take something lower so he won't starve? Why do you insist that he be prohibited from having any job at all if he's unable to find one at the "fair pay and conditions" that you want to impose onto everyone whether it's in their interest or not?
Especially those in a vulnerable position.
Everyone is in a "vulnerable" position. This is touch-feely language, not about facts. By your delusion, no one is "free" to make any choice, because all our choices are dictated by the "vulnerable" position we're in.
The Vulnerable Workforce
Abstract: This article discusses one of the major challenges of US workplace policy: protecting roughly 35m workers who are vulnerable to a variety of major risks in the workplace. After laying out the dimensions of this problem, I show that the vulnerable workforce is concentrated in a subset of sectors with distinctive industry characteristics. Examining how employer organizations relate to one another in these sectors provides insight into some of the causes as well as possible solutions for redressing workforce vulnerability in the US as well as other countries facing similar problems
The capacity of our society to mangle people who lack the power to stand up for their own rights is virtually limitless. (Senator Walter Mondale [US Senate Subcommittee on Migratory Labor, 1970: 5112])
So what if there are professional propaganda demagogue speech-makers who blabber back at you the babble-nonsense jargon you want to hear? What's the point? This blabber doesn't prove anything. Nor does a magazine article putting out the same blabber. It's all subjective touchy-feely slogans from your Left-wing propaganda preachers pandering to crybabies and telling them what they want to hear.
Vulnerability can be defined in a variety of ways. In terms of employment security, it refers to the precarious nature of the employment relationship and increased risk of losing one’s job.
Or one's business. EVERYONE is "vulnerable" of losing whatever they have, or their security. And what about the person who has no job at all? Why do you want to impose higher prices on him by driving up the labor cost so that everything is made more expensive? When you pander to these crybabies whining about their job, you're only hurting others somewhere else who will have to pay the cost for it. Your pandering to them ends up inflicting more damage onto people generally.
In terms of earnings, it means receiving wages that are close to (or sometimes below) the statutory minimum and subject to de . . .
They're free to quit. So what's the problem? There are plenty of other people who have no job at all, and yet by pandering to these crybabies who demand higher wage, you're stomping your foot down on poor consumers who will have to pay higher prices because of it.
. . . subject to de facto reductions via being asked to work ‘off the clock’, with-out being paid overtime as required by the law or, in extreme cases, . . .
Then let them resign. The employer, and anyone else, is entitled to circumvent bad laws, and we all do it whenever we can. There are hundreds of ways to do it. Many workers and businesses could not exist if they had to obey every law imposed onto us, forcing us to make bad choices and be less productive and less efficient. If all those laws/regulations were strictly enforced, there would be massive layoffs and huge cuts in production and reduced standard of living overall.
. . . in extreme cases, simply not being paid for work performed (Greenhouse, 2008; Shulman, 2003).Workforce)''
You probably did not read that document and have no idea what it's about. Or if you do, then explain what work they were not paid for. You're probably distorting what it says. If it's true someone was denied the agreed wage for work done, there is legal recourse in courts to sue that company. This is a phony example. It's probably about being paid for something the worker and employer agreed would not be paid because it's part of a phony law imposing a requirement like overtime, which could easily be circumvented and would impose excessive cost onto the production and necessitate layoffs in order to comply with it.
There are many stupid labor laws which both employers and workers agree to ignore because of the damage it would do to the business and the workers who would have to be laid off.
There are your examples of not only exploitation, not only 'doing something wrong' but outright wage theft.
You've given no example of anything. Nothing to show how workers are not free to quit if they don't like the wages or conditions. You cannot show how an employer limits the freedom of a worker by offering him a low-wage job. Even if it's only $ .01 per day -- that worker is free to quit. Or that job applicant is free to turn it down. You have no example showing otherwise. All you have are blow-hard slogans from demagogues pandering to crybabies.