Boeing holds the card because they own the property. If the workers in Seattle don't like their terms, there are other capable workers in other cities and countries who are perfectly willing to accept those terms. Should Boeing be forced to remain in Seattle and give the workers what they want at the expense of workers in South Carolina? I'm not sure how else the "game" should be "rigged." I know that people taking over private property that isn't theirs to live out some utopian fantasy isn't the answer. (Ironically, the workers would need someone to be the executives to successfully carry out that idea, the very kind of people the socialist politician feels are not needed).
So instead of the utopian fantasy, let's just cheer for the race to the bottom, like there's some virtue in it. Cool.
I read the same Matt Yglesias bit that you posted earlier. I agree with it, for the most part. Is her "proposal" unworkable? Sure it is. On the other hand, it's a perspective of the (genuine) left, and I think there's a place for it in our discourse. I hope that she, benighted though she may be, gathers enough support to be scary and push the conversation back towards the middle.
The machinists are choosing between X% of something, or 100% of nothing. I don't envy them the choice. A $10,000 signing bonus is peanuts in comparison to the benefits the union is being asked to give up. Let's not pretend that Boeing is being generous. If I were a person working on
this pay scale—and bear in mind it's only the older workers who are at the top end of the scale here—I might be a little frosty being asked to give up a defined pension and accept 1% COLA every 2 years when I see the Boeing CEO's compensation increase 20% last year, and HIS $3M/year pension, even after the rollout of the 787 was such a disaster. Oh, but they're fungible and he isn't? I think that's a questionable assumption.
Should Boeing be forced to remain in Seattle and give the workers what they want at the expense of workers in South Carolina?
No. But that isn't to say that there aren't ways for the equation to be balanced differently, or that one cannot reasonably object to Boeing's conduct. There was a thread a while back about how large German companies are required to allot a certain number of seats on their boards to representatives of labor. That might make for a less zero-sum, oppositional situation.
Aces, do you think it would be good for the folks in Charleston if the the machinist's union dies on the vine? Right now, the company is motivated to treat the Charleston workers well because they don't want the union to get any leverage organizing the plant.