ABSTRACT

Moreover, the labor movement is hopelessly fragmented, lost in obsolete strategies, and saddled with a gerontocratic leadership. One hundred years after its birth in the textile mills of Bombay, the labor movement is in its greatest crisis ever. Economic liberalization comes at this particularly inopportune time. For the beleaguered labor movement, the move to abandon protectioqist policies in favor of free market economics could be the proverbial last straw. Protectionism and organized industry are the summum bonum of its existence, and the new policies are specifically targeted at both.