ABSTRACT
Tendencies are observable in the field of labour economics which most seriously threaten our future prosperity. The developments which are bringing this about are not of recent date. Unions have not achieved their present magnitude and power by merely achieving the right of association. They have become what they are largely in consequence of the grant, by legislation and jurisdiction, of unique privileges which no other associations or individuals enjoy. The interesting part of the proposals is the second ‘package’, the special discriminatory terms for the more successful enterprises in the automobile industry. Many people probably still feel that the great automobile manufacturers are able to take care of themselves and that we need not concern ourselves about their problems.
