[Marxism] Fw: [branchmaillist at upstate-ny-iww.org] Labor Union Bill Raises BroaderCapitalism Issues

Louis Proyect lnp3 at panix.com
Mon Mar 16 07:41:48 MDT 2009


sabocat59 at mac.com wrote:
> Lawrence H. Summers, the National Economic Council director, has long been regarded warily by unions, but in a speech Friday at the Brookings Institution, he made roughly this case for boosting organized labor.

That's what he is saying now but in the past he has vilified unions, so 
much so that a full page ad in the NY Times a week or so ago had a quote 
by Summers at the top:

"Another cause of long-term unemployment is unionization. High union 
wages that exceed the competitive market rate are likely to cause job 
losses in the unionized sector of the economy. Also, those who lose 
high-wage union jobs are often reluctant to accept alternative low-wage 
employment."

full: http://fmpolitics.blogspot.com/2009/01/summers-on-big-labor.html




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