Originally Posted by vailpass
Is it not to the employee's benefit to have an employer that is financially viable? Do they not benefit by added training, equipment, facilities, advancement opportunities?
Well, employees benefit mostly by getting a better paycheck. The fact is that whether they are getting added training or not, they aren't bringing home more bacon. Equipment may make them more efficient, which is fine, but it's also resulting in co-workers being laid off sometimes (if 4 can do the work formerly done by 5 because of increased efficiency in facilities/equipment -- see the steel industry for a fine example*). So the net result is fewer workers are doing more work for less pay (in real dollars) while the wealth increasingly aggregates above them. How that is better for workers is beyond me.
*The US produces more steel than it ever did, but does it with about 10% of the workforce that it had in the 50s and 60s due to automation etc.