I think most of your post is informative and also pretty accurate.
Thank you.
"I think you may be missing the point a bit on the distinction between the working class defending itself and extortion though. The balance of power in the employer/employee relationship generally favors the employer. Collective bargaining is a way of evening out the power structure so employees can demand more of a fair share of the take. IMHO extortion comes in when employees demand more than their fair share."
ex·tor·tion
/ikˈstôrSH(ə)n/Submit
noun
the practice of obtaining something, especially money, through force or threats.
"he used bribery and extortion to build himself a huge, art-stuffed mansion"
synonyms: demanding money with menaces, exaction, extraction, blackmail; shakedown
"he was arrested on a charge of extortion"
Collective bargaining (relating to pay and benefits) ends and extortion begins when a union picket line disrupts a business' operation. Safety and health are a separate issue.
"I too have a bit of sour taste for unions because I think they often do engage in extortion and have some responsibility for the decline of the middle class...but I think big business is far more unethical and far more responsible for the decline of the middle class. Offshoring is not necessarily done because a company cannot make a profit with a domestic work force; it's done to maximize profits. So the domestic workforce is kicked to the curb, so the fat cats can make a few more millions."
See my previous post re: the musician's union in NYC, and morality and capitalism.
"People tend to make a big deal about big government...I think the real problem is big business has too much influence over the government. There is the idea that we should have a separation of church and state. IMHO, we should also embrace a separation of business and state. IMHO, the state should be responsive to the people, and they can't do this if every politician is beholden to big business."
No argument there. Ayn Rand may have been a bit of a zealot, but she was, in many ways, spot on!
"From what I have seen, employee owned companies (ESOPs) seem to do pretty well."
From 1971 to 1982 I was privileged to be a part owner of a relatively large employee-owned book publishing and distribution company that was very successful. It was eventually driven out of business (2002) by Amazon, in part as a result of the demands of the socialist contingent having made it impossible to afford the technological innovations that might have saved it. A damned shame!