[Willie Green]

I agree except that unions exists for the sole reason of creating a monopoly on labor. Corporations exists for the sole reason of increasing profits. A corporation obtaining a monopoly is "usually" short lived because a new innovation changes the dynamics of the market after some time passes.

You are making an apples to oranges comparison.
If you want to discuss the effect of organized labor in the labor market, then you must compare it to the corporation's position in the SAME labor market, NOT the market where they sell their goods. When a large corporation locates facilities in a small labor market, they can indeed dictate terms of employment if insufficient alternative employers exist in that market.

You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter don't you call me 'cause I can't go
I owe my soul to the company store...

[RightWingFreedomFighter]

Yes, I understand the distinction of the two market but I'm only trying to make the observation that a monopoly of labor is espically hurtfull because the market is inelastic. As a matter of fact, most labor markets are highly inelastic compared to any other kind of market. The more inelastic the market the higher the prices a monopoly can charge, thus getting more than what is optimally efficient for the economy overall.