ABSTRACT

To say that the ground has been laid for a wide-ranging attack on the corporation-whether by unions or any other set of interests-is not the same as saying that such an attack will be initiated. After all, there are many issues to be considered, not least of which is that organized labor shares with corporate management a vested interest in preserving the economic viability of the company. At least that is true in certain circumstances. In others, however, the union may be willing to risk, or may even place a positive value on, killing off an employer in the pursuit of some larger objective. To understand why the corporate campaign came to be adopted by the unions and implemented on a large scale, one must first examine the circumstances in which these events came to pass. A broad-brush look at the last 100 years of labor history is a good place to start.