Unions negotiate based on how much money the workers are making their employer. When it comes to executive compensation, pundits will often defend richly compensated executives by stating their pay reflects how much money they're making their employer.
Meanwhile when it comes to labor; these same pundits insist that workers must compete with each other in such a way that the company gets the greatest value; which does not mean the workers will be compenated based on how much money they make the business.
Why is one ok but no the other?

