This whole business is making it look like back to work legislation is coming. My opinion is that the default contract in back to work legislation should be the one offered by the workers.

My reasoning is quite simple. The workers are taking the biggest risk and are therefore the least likely to be unreasonable. When a worker goes on strike, it can have a profound effect on their lives, from groceries and mortgages in the short term to credit ratings and retirement planning in the long term.

The business may seem at risk, too, but the people running the business are not. They are still getting paid.

If the business folds as a result of the strike, workers are basically screwed. Meanwhile the people running the business hop on their fancy boats, cruise down to the resort, and cry into their martinis after a round of golf.

Shareholders, well, speaking as someone who has been a shareholder, shareholders can just go suck it. They made their gambles and were never reasonably guaranteed a win, let alone insulation from loss.