It is also illegal.
Simply assuming that "every employer does it because theoretically it is easier for then to do so" to help your argument is rather self-serving, considering that labour unions are explicitly legal and exist.
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It’s not theoretical.
Cynicism is such a waste of time when you haven't done the thing you're cynical about and have no first-hand experience.
You think you're thinking about reality.
All you're doing is imagining reality. You're living in a fantasy.
Rich people collude all the time. They buy political power with money. It’s so out in the open that I’m not going to post a whole diatribe on it.
It’s news to me that what Adam Smith wrote about in that book was theoretical. Oh well.