Added: 10 months ago
From: darrinsdumbdrumming
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  • Consider what the great capitalist theoretician and conservative philosopher Friedrich von Hayek said about unions: “No doubt if I were an owner of an enterprise and trade unions had not bent invented, I would invent them! I would want someone to talk to on behalf of the workers, but I would not tolerate them taking any exclusive or monopolistic control. So far as the collective context for the people who want to accept them, I am all in favor.

  • But of course the problem with the trade unions, particularly in this country--more than elsewhere--in the course of time were granted privileges which the ordinary citizen has not (doesn‘t have). . . And I am convinced that in a functioning marketing order, trade unions must have no monopolistic power of any kind.” watch?v=4ZBXFeAj5lM

  • But of course the problem with the trade unions, particularly in this country--more than elsewhere--in the course of time were granted privileges which the ordinary citizen has not (doesn‘t have). . . And I am convinced that in a functioning marketing order, trade unions must have no monopolistic power of any kind.” watch?v=4ZBXFeAj5lM

  • Hayek warned against unions for the workers in a government bureaucracy where there is no built-in competitive force of a functioning market to determine the fair price of labor. me: It's really a shame. During much of the twentieth century, by ensuring profits were distributed as fairly as the division of labor, the labor unions helped protect our free-market market system. That's why Reagan and Thatcher stood with Lech Wałęsa and Solidarity.

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