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Trade Unions are here to stay - this is why (Main Forum)

by AnnieJ @, Saturday, May 26, 2012, 17:56 (360 days ago) @ Bill Dowsley

From PAUL KLUGMAN at the New York Times, 24 May 2012


Once upon a time, this fairy tale tells us, America was a land of lazy managers and slacker workers. Productivity languished, and American industry was fading away in the face of foreign competition.

Then square-jawed, tough-minded buyout kings like Mitt Romney and the fictional Gordon Gekko came to the rescue, imposing financial and work discipline. Sure, some people didn’t like it, and, sure, they made a lot of money for themselves along the way. But the result was a great economic revival, whose benefits trickled down to everyone.

and

And what about that trickle-down? It never took place. There have been significant productivity gains these past three decades, although not on the scale that Wall Street’s self-serving legend would have you believe. However, only a small part of those gains got passed on to American workers.

http://www.nytimes.com/2012/05/25/opinion/krugman-egos-and-immorality.html?src=me&r...

This is why unions are needed. The power of the capitalist always exceeds the power of the worker to argue for a fair share of the profits. That is why church social policy says that workers have the right of organise to gain better conditions.

Annie

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