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Labor Unions
Beginning of paper
Since the foundation of the American Federation of Labor(AFL) in 1886, most
unions in the United States have displayed a pragmatic out look, largely
compatible with that of business. The general purpose of unions has been
to protect and advance the well being of workers, while that of business
has been to promote the interests of stockholders. H ....
Middle of paper
....tic, so that their price rises substantially as
more units are employed. Fourth, the ability of these factors to
substitute for union labor should be highly limited; it would be hard to
substitute for workers with very high skil! ls or skills that are highly
specific to a single employer.
Numerous studies have been made to estimate the extent to.... |
| Word count: 604 |
Page count: 3 |
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