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Paper on the unions in America

Date Submitted: 12/26/2003 11:50:57
Category: / Business & Economy / Economics
Length: 2 pages (603 words)
Labor Unions Since the foundation of the American Federation of Labor(AFL) in 1886, most unions in the united States have displayed a pragmatic out look, largely compatible with that of business. The general purpose of unions has been to protect and advance the well being of workers, while that of business has been to promote the interests of stockholders. Higher wages and higher profits are compatible over the long run in a growing economy. Conflict …
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…role has been more modest. In the early 1980's they enrolled in their ranks only one of five members of the labor force, down from one of four in the 1950's and 1960's. These workers had a somewhat greater say in their work lives and in the halls of Congress and state legislatures. They received somewhat greater pay and were more productive. They sometimes followed the political calls of their leaders and sometimes did not.
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