Sunday, December 9, 2012

Is America Waking Up to the Need for Labor Unions?

The article starts with talking about the potential downsides of labor unions. Can't argue with that, on account of the fact that ANY organization that gets out of controol, can be harmful. But the system is clearly out of balance in favor of corporations, and balance needs to be restored.


Why We Need Labor Unions After All



Anyway, it would be great if companies would start sharing their wealth voluntarily. But, as yet, with a couple of notable exceptions (Apple recently gave its store employees a raise it didn't need to give them), they've shown no signs of doing that. 
So if companies can't be persuaded to do this on their own, maybe it's time for executives to rethink their view of labor unions.

Healthy capitalism is not about "maximizing near-term profits." It is about balancing the interests of several critical constituencies:
  • Shareholders
  • Customers
  • Employees
  • Society, and
  • The Environment
It's time more of our business leaders started to understand that.

No comments:

Post a Comment