CSAR GYRENE
Veteran
No, if the individual merely ASKS for a raise, that is FREE MARKET. If said individual threatens to shut down the company, threatens the workers still there, threatens companies that do business with said company,that, while still legal in crrent labor laws, is the moral equivilant of blackmail.So anytime someone asks for a raise or wishes to renegotiate a contract its economic blackmail???
If a company and a union can't negotiate a contract reasonable to both sides then BOTH sides are free to seek self help ie; the company may hire replacements if they are available, the union may withold their services, thats FREE MARKET
Using the bankruptcy courts to force concessions/ breech legal contracts may be legal per the letter of the law but it is not the FREE MARKET.
Use of the bk courts while also legal, is also not always ethical. I am too unfamiliar with corperate bk laws to honestly say much more. As a general rule, I feel it is improper to give anything but general opinions on subjects I am unfamiliar with. (Be careful how you respond to this...I deliberately left an easy opening here.)