Unilateral wage setting without bargaining power is unilateral law-making

Evidence

Many matters, such as rates of pay, can, of course, be settled by separate agreement between the employer and each individual employee. However, unless labor is in short supply or the particular employee’s services have some special value, this is likely to amount to purely unilateral law making, and so to lack the greater assurance of acceptability and other advantages that flow from genuinely bilateral action. — Henry M. Hart, Jr. and Albert M. Sacks, The Legal Process, 4246

Categorization

  • XREF: connects to: Collective bargaining exists because many workplace rules cannot be set individually — Henry M. Hart, Jr. and Albert M. Sacks, The Legal Process: Basic Problems in…, 4246; Income inequality reflects relative bargaining power between actor groups, not markets — Ken-Hou Lin & Donald Tomaskovic-Devey, Financialization and U.S. Income…, 36; The demand for equality originates in wage labor’s commodity equivalences

Broader Connections