The costs of goods will increase regardless of labor cost as they have already. The issue lies in the contradiction between relatively stagnant wages and the rising cost of goods/housing/etc which naturally develops into labor organizing.
A better question to ask is what will happen when a larger portion of the profit that these workers created now flows back into their communities?
Workers spend their money at family run business, and small to medium size businesses in their community and contribute to the local economy. The economic implications of this effort are not just beneficial for the 150,000 UAW workers but their communities and local economies as well.
In contrast the board members who are reaping those profits are not spending money in those communities. Even if they theoretically lived in the same communities and frequented the same businesses they would not buy anywhere close to the same quantity of goods and services that the 150,000 uaw workers would with those same profits.
A better question to ask is what will happen when a larger portion of the profit that these workers created now flows back into their communities?
Workers spend their money at family run business, and small to medium size businesses in their community and contribute to the local economy. The economic implications of this effort are not just beneficial for the 150,000 UAW workers but their communities and local economies as well.
In contrast the board members who are reaping those profits are not spending money in those communities. Even if they theoretically lived in the same communities and frequented the same businesses they would not buy anywhere close to the same quantity of goods and services that the 150,000 uaw workers would with those same profits.