Private enterprise is driven by revenues and profits. Owners and managers possess an incentive to minimize costs, including wages, to benefit themselves and shareholders. Unions act as a counterbalance to the disparate distribution of power, and the proven risk of exploitation.
The result generally amounts to an uneasy truce surrounded by well-earned suspicion, distrust and even contempt for the other side. Unions and management understand and expect that the other is a self-inte...
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