Since the capital and ownership sectors of our economy are all trained to operate businesses rationally and to not leave value on the table, it seems pretty clear that anything that labor doesn't take will be traded away.
To me, in that light, neither the "depredations" of owners and investors nor the "coercion" of labor unions is really a problem; it's just the natural give and take of the market at work.
The real problem is the late 20th century stigma labor organization has acquired. Without labor organization, the market system doesn't work.
To me, in that light, neither the "depredations" of owners and investors nor the "coercion" of labor unions is really a problem; it's just the natural give and take of the market at work.
The real problem is the late 20th century stigma labor organization has acquired. Without labor organization, the market system doesn't work.