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wrong_variable | 6 years ago
The new dealers ( FDR, Truman ) gave organized labor tremendous power because without it the USA would probably have had a big communist party.
They also knew the deflationary period of the 1930s lead to the rise of fascism and nationalism in Europe. So the petty greed of capital was scarified at the altar to maintain peace. They were also willing to sacrifice growth to maintain peace.
We are going through a similar period of deflationary shock, so it's going to be interesting to see how it plays out and ends.
Most likely the source of unrest may not be US but China.
H8crilA|6 years ago
> They were also willing to sacrifice growth to maintain peace.
Who would do such a thing! We should get back to my grandfather times, he was happy because he was a child, and children did not only get a few potatoes to eat per day, but also a little bit of oil with it. Also I suppose it's kind of romantic to have sex with a stranger on the barricades before being shot to death and having your body join the decomposing pile of bodies in the streets.
ars|6 years ago
One huge difference is there can only be a single union at an American company, while with the European style an employee can pick which to chose from.
lr4444lr|6 years ago
The real problem with American unions is its bloody fight against suppression in the late 19th century. American labor relations with management are war compared to Europe and Asia.
sangnoir|6 years ago
unknown|6 years ago
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