>if the employees really are working from somewhere there are NO other tech jobs, then that would be their fault.
I can't see how it is their fault. Not everyone can afford to live in particular places. You talk about risk, but risk is in fact what is prized - the CEO benefits because they took the risk in starting the company. The CEO is compensated for that risk. Why aren't the employees compensated for their own risk?
>The price is slightly below average industry pay. Is that a call to unionize? Nope.
It can be. Unionization isn't only about salary, it's about maintaining that level of salary, and other benefits. There are many reasons to unionize, which apply to every worker: https://news.ycombinator.com/item?id=22357492
The owner of the company puts as much effort as possible into increasing the duration and intensity of work for a lower wage, providing they maintain the value desired. The worker, likewise, puts as much effort as possible into reducing the duration and intensity of work, and bargaining for a higher wage. Unions make this push and pull more symmetrical.
I can't see how it is their fault. Not everyone can afford to live in particular places. You talk about risk, but risk is in fact what is prized - the CEO benefits because they took the risk in starting the company. The CEO is compensated for that risk. Why aren't the employees compensated for their own risk?
>The price is slightly below average industry pay. Is that a call to unionize? Nope.
It can be. Unionization isn't only about salary, it's about maintaining that level of salary, and other benefits. There are many reasons to unionize, which apply to every worker: https://news.ycombinator.com/item?id=22357492
The owner of the company puts as much effort as possible into increasing the duration and intensity of work for a lower wage, providing they maintain the value desired. The worker, likewise, puts as much effort as possible into reducing the duration and intensity of work, and bargaining for a higher wage. Unions make this push and pull more symmetrical.