Getting a system like ours to work tolerably well is a huge collective action problem.

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The collective action problem: how do we make sure that everyone really does pay their fair share?

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However, this collective action problem can be looked at the other way around.

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Worker voice is the function of unions or other institutions in communicating the desires of workers to employers, thus overcoming the collective action problem.

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We should look at ways that the law is disincentivizing the creation of lines of communication between workers and firms that help overcome the risk of a collective action problem.

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An assumption of this discussion is that this market for wages and working conditions is relatively well functioning, but there is a simple collective action problem that suggests it may not always be.

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This is because I embrace many of his assumptions: voting is a collective action problem, and we should encourage social norms which solve collective action problems where privately rational decisions lead to bad outcomes.

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Others argue individual shareholders suffer from a collective action problem, where they are forced to sell out for a price above the market price because other shareholders will, even if the entire company is worth much more.

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This is not a problem that can be solved by industrial-age collective action models because the problem is the end of the industrial age.

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Of course, there is always the problem of collective action.

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