Economics Volume II: Modern Economic ProblemsFetter, Frank A. (Frank Albert)
General
Economics Volume II: Modern Economic Problems
Fetter, Frank A. (Frank Albert)
Economics
In accordance with these facts and opinions there has developed, at
least in one respect, a pretty definite conviction on the part of the
public regarding the closed shop, namely: the closed shop should go
only with the open union. A union under the closed shop policy is
exercising a quasi-public function, that of controlling the industrial
action of private citizens against their will. The union therefore, in
this view, must cease to be a purely private, voluntary organization,
and become in some respects subject to public regulations as to
its internal rules and administration. This view, however, is very
unacceptable to the leaders of organized labor in America, and there
the question now stands.
§ 17. #Future role of organization#. In the light of the principles of
wages it appears that organization most easily gains results, and
the most stable results, when wages are below or near the competitive
rate. An earnest effort on the part of the workers is necessary for
them to get the share that true competition would accord them, but
the attempt to force wages beyond that point must be the occasion
of increasing friction. With so modest an ideal however, as the true
competitive wage, organized laborers and their leaders cannot be
expected always to be content.
Aside from its effects upon the wage-bargain, unionism finds
its greatest justification is in its unspectacular fraternal,
mutual-benefit, and educational functions. The chief forces favorable
in the long run to wages that can be affected by organization are
domestic peace, order, and security to wealth; honesty and good faith
between man and master, in law-maker and in judge; efficiency and
intelligence of the workers; and far-sighted social legislation. Some
of these contribute to greater productiveness, others to a fairer
distribution. In all these ways organized laborers have made valuable
contributions, unfortunately neutralized in many cases by a narrow
class outlook. Organized labor is here to stay for a long time to
come, and as the elite of the wage-earning class it should, and
probably will, be an increasing force for political betterment and for
social welfare in the republic.
[Footnote 1: See ch. 19, secs. 1-3.]
[Footnote 2: See Vol. I, p. 459.]
[Footnote 3: See _Quarterly Journal of Economics_, May, 1916, article
by L. Wolman.]
[Footnote 4: See below, sec. 14, on the closed shop.]
[Footnote 5: See Vol I, pp. 223-224, and above, ch. 6, sec. 12 and ch.
10, sec. 7.]
[Footnote 6: The "unfair list" is usually given as a form distinct
from either the simple or compound forms. The "fair list" published
either by labor journals or by a consumer's league is not declared to
be a boycott.]
[Footnote 7: In a book by an English trade-unionist, Trant, reprinted
and circulated by the American Federation of Labor as representing its
theory and claims, all the advances that have been made in wages are
said to be due to the trade-unions.]
Public-domain text, read in full here on John Shaqi.
Reviews
Reviews
No reviews yet
Be the first to share your thoughts on this work.
Elsewhere in the archive
Join the Discussion
Join the discussion
Sign in to leave a comment or review.
Sign InorCreate an account