On 29 May, 14:52, MIG wrote:
On 29 May, 13:51, wrote:

On May 29, 1:04*pm, MIG wrote:

Cite a successful strike or an example of workers getting what they
ask for? *The management invariably hold all the cards and always get
what they want.

Sorry, how much do tube workers get paid again? How much does the
average skilled manual worker get paid again? Claiming that their
industrial militancy hasn't paid off, whether you approve of it or
not, is just odd.

Senior bankers must have gone on strike an awful lot then.

"Over-payment" or "under payment" would typically result from a market
failure, or a winner takes all system.

The over payment of tube drivers is caused by a market failure, in
itself caused by excessive negotiating power of the unions.

A classic winner takes all system is the market for football players.
There are about 400 premiership places in England and clubs are
desperate for the best.

Banking is a little bit in between the two. Same with senior executive
pay.