ABSTRACT
Many of the arguments for compulsory arbitration in the public sector apply equally well to the critical industries in the private sector. To many people collective bargaining is the cornerstone of the American economic system. There is no doubt that collective bargaining is the best means of resolving interest disputes between employer and employee. The criticism of compulsory arbitration is that the negotiators may use arbitration as a face-saving device. Many of the drawbacks inherent in compulsory arbitration are circumvented in an ingenious arbitration procedure proposed. The “one-or-the-other” method is undoubtedly a major step toward a workable compulsory arbitration method. The “one-or-the-other” method of arbitration would generate the uncertainties and fears of costs to the opponents that an impending strike does. The losses in freedom for management and unions must be balanced against the increased freedom of our society to receive an uninterrupted supply of critical goods and services.
