One of my most favorite essays on the subject: [0]
In February 1968 New York City sanitation workers went on strike. After just six days a state of emergency was declared, and after nine days the city had to give up and give the strikers their way.
In May 1970 Ireland’s bank employees decided to go on strike.
At the outset, pundits predicted that life in Ireland would come to a standstill.
> Heading into the summer of 1970, Ireland braced itself for the worst.
> And then something odd happened. Or more accurately, nothing much happened at all.
> In July, the The Times of England reported that the “figures and trends which are available indicate that the dispute has not had an adverse effect on the economy so far.” A few months later, the Central Bank of Ireland drew up the final balance. “The Irish economy continued to function for a reasonably long period of time with its main clearing banks closed for business,” it concluded. Not only that, the economy had continued to grow.
In the end, the strike would last ... a whole six months!
[0] http://evonomics.com/why-garbage-men-should-earn-more-than-b...
In February 1968 New York City sanitation workers went on strike. After just six days a state of emergency was declared, and after nine days the city had to give up and give the strikers their way.
In May 1970 Ireland’s bank employees decided to go on strike.
At the outset, pundits predicted that life in Ireland would come to a standstill.
> Heading into the summer of 1970, Ireland braced itself for the worst.
> And then something odd happened. Or more accurately, nothing much happened at all.
> In July, the The Times of England reported that the “figures and trends which are available indicate that the dispute has not had an adverse effect on the economy so far.” A few months later, the Central Bank of Ireland drew up the final balance. “The Irish economy continued to function for a reasonably long period of time with its main clearing banks closed for business,” it concluded. Not only that, the economy had continued to grow.
In the end, the strike would last ... a whole six months!
[0] http://evonomics.com/why-garbage-men-should-earn-more-than-b...