05 April 2007

Globalization for Labor Unions

In an increasingly globalized world, labor unions have lost their bite, as companies have been able to simply avoid them altogether, by relocating their jobs to countries with low wages and weak labor laws.

Unions are fighting back by globalizing their operations themselves.

I've had discussions with some intelligent people online, where they clearly stated a case for unions to go global, and for union bosses to study MBA curriculum and keep up with modern economics, if unions are to continue to matter. To that end, the BBC article linked below is a step in the right direction, as a major British union tries to merge with United Steel Workers in the US.