JS380 Lecture Notes - Lecture 10: Labour Law, Totalitarianism, The Employer
Document Summary
Work stoppage causes loss of prudction, business, customers. May damage the business itself, but workers also suffer creates incentive for both sides to agree: public. Employer saves a lot of money during strike. Not worried about losing business, since no competition. Pressure comes from public who are angry about not getting their services. But they may get angry at public wokrers instead. First efforts at regulating strikes basically just banned them outright: but could not contain unrest. Moved towards pluralist approach which relied more on dialogue and accomodation: employers required to recognize and bargain with unions, and the use of economic sanctions is tighting restricted. Some have argued that strikes should be banned altogether and replaced with interest arbitration reasons not to adopt this. Absence of agreed upon standards for assessing wages impossibility of abirtrators to fully understand all the economic variables in a market economy.