Do you understand how a checkbook ledger works? Goes in's must be greater than goes out's. Pay and benefits go in the goes out's column. Product sales go in the goes in's column. In order to maintain a particular profit and have the goes out's to increase, the goes in's must get bigger.
How do I as a business man increase my cost of doing business and maximize my profits if the market doesn't support the price increase needed to raise pay and benefits?
Perhaps I was unclear; I meant the union-owned company could maximize the worker's income. It would do this by paying each person a fair wage. Since the management would be the Union, management would obviously make correct and fair determinations of what each one's wage should be.