Study Document
Pages:1 (361 words)
Sources:1
Subject:Business
Topic:Labor Relations
Document Type:Term Paper
Document:#96377356
The open and free market economies proved successful from a management perspective, and government supported the primacy of the profit motive.
The consequences of these fluctuations has been a system that favors management in the United States. Labor unions have been systematically ridiculed socially, lumped together with communism and therefore derided by the American public. Similarly, labor unions have lost their political clout to a certain degree, and management has secured political power over laborers. Wages have remained deplorably low, so low that income disparity in the United States resembles that of Third World nations. Income disparity in the United States is the steepest of any other industrialized nation. Countries with strong labor laws such as the nations of northern Europe tend to be more egalitarian societies with fewer class distinctions and less of a wealth gap. The American model allows unbridled business growth at the expense of social justice.
References
Freeman, R. (1996). Solving the new inequality. Boston Review. Retrieved April 13, 2007 at http://bostonreview.net/BR21.6/freeman.html
References
Freeman, R. (1996). Solving the new inequality. Boston Review. Retrieved April 13, 2007 at http://bostonreview.net/BR21.6/freeman.html
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