Essay about Labor Unions And Its Effect On The Workplace
The commentators in The Economist, on the subject of labor unions, stated the beneficial and harmful attributes of the intuition. Labor unions were most useful in the 50s, 60s and some may even debate the 1980s. With the huge decline of the membership of unions in recent years, their purpose and effectiveness has come into question. Labor unions once wielded the power of increasing the price of goods and even certain categories of labor forces. They were an equalizing force of good in the negations over wages and benefits worldwide. At one time, public unions negotiated generous pension packages, work rules, protective social arrangements. They use their influence to provide management with information pertaining to organizational practices and works effects on the workers. Unions can also provide major industries with additional support when lobbying for beneficial congressional statues.
Due to changes in the global economy, the power and prestige of Labor unions are almost too minuscule to measure. The unions of today tend to place the welfare of consumers, precariously placed workers and some poor at risk, while only increasing the financial status of specific workers that are normally already well-off. The labor unions as they are currently, operating benefit large companies, few workers and damage the social balance of the many.
One commentators suggested that the role once held by the unions as protector of the worker, should now be held by the…