Wednesday, August 10, 2011

Why has union membership in the private sector plummeted from its post WW2 high of 35% to today’s 7%?

The corporations responded to unionization by actually providing retirement and health insurance to their labor force (management already got far better than workers were offered). Then they actually raised wages above subsistence levels. So they bribed the sheep. And when the unions die, so will health insurance and 401k retirement plans for the workers.

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