If that logic worked, every strike would instantly win because the company loses out on millions of dollars. Writers have been striking for quite a while now and you don’t see any capitulation. Just losing money isn’t enough.
And this is why the public opinion matters. If the company thinks they can wait out the strike, they’re going to choose that. In that time period, public opinion can either strengthen or weaken their position.
This isn’t the 1890s-1930s. The head of the factory isn’t onsite when the workers decide to go on strike. The head of the factory isn’t unfathomably richer than the workers. Income inequality has escalated to the point that owners aren’t going to feel the hit of a strike immediately. The rich CEOs can afford to wait without their lives being affected. It’s cheaper for them to work towards the end of an unsuccessful strike than to capitulate.
Just so you don’t get the wrong idea, I think the solution is actually nationalizing industries, at least partially. Rail service has become too crucial to our way of life to let a private business handle it. We’re seeing how they abuse their position to neglect workers and enrich themselves.
Yeah, I’m with you there, though I’m likely further to the left than you, I believe all industries should either be nationalized or socialized depending on its function.
I think we’d be much better served trying to make that happen than argue if a strike would’ve been more successful or not. At the end of the day, we’ll never know the answer there. It’s better we agree that good was done. We disagree on if that was the most good possible or not, but we agree it was good. We’re better off trying to do more good than figure out if we maximized that previous good. One in the hand is worth two in the bush after all.