Labor Day Musings: Are Labor Unions Obsolete?
Here’s the answer (from The Answer Guy): NO.
Here’s the reasoning: as much as I love the idea of capitalism (and I practice it, thank you very much), it serves only the big guy. Trickle-down doesn’t work.
Now I do happen to believe that businesses can be built in a way that benefit everyone (see, for example, PC-VIP; I promise you: the company, its contractors, and its clients all come out way ahead), but in general, the “little guy” needs help.
A gift to you from The New York Times: this article from 1991. Eighteen years later things are like this but more so.
Happy Labor Day!