Business | Schumpeter

Big business v big labour

American unions are reasserting their power. American companies are working out how to respond

ASKED WHAT labour wanted, Samuel Gompers, founding president of the American Federation of Labour in the late 1800s, is often quoted as responding: “more”. His actual answer was surprisingly lyrical. “More schoolhouses and less jails…more learning and less vice…more leisure and less greed…more of the opportunities to cultivate our better natures.” His ability to tie loftiness to pragmatic demands for better wages and working conditions helped make the labour movement a powerful and popular force.

This article appeared in the Business section of the print edition under the headline “Big labour v big business”

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