January 2, 2013
In this morning's Washington Post, Harold Meyerson reports on the recently concluded labor negotiations regarding the longshoremen and why their still strong union has been able to help the workers benefit from increased productivity within the industry, rather than becoming collateral damage in the process. There is a lesson here for the entire economy. Would we not have a more just and decent society if, like Germany, workers are intimately involved in company decision-making and the reap the rewards and take the risks with the shareholders. The longshoremen come close to the German model and other workers would do well to follow it.
