strategy

Using centrally binding wage agreements

Claim:
If the market mechanism functions without hindrance, a large supply of labour in a given branch will cause the price of that labour to go down, so risking the security of income and employment of the worker.
Facilitates:
Regulating wages
Values:
Disagreement
Type Classification:
D: Detailed strategies
Related UN Sustainable Development Goals:
GOAL 4: Quality EducationGOAL 8: Decent Work and Economic GrowthGOAL 16: Peace and Justice Strong Institutions