Collective Bargaining as a Basis for Labor Co-operation

tions and the institutions of management and business in a way which may prove as far-reaching in consequence as the Revolution of 1775. Because it was only occasionally a battle of violence and bloodshed, but rather fought and won in the fields of legislation and litigation, the issue has not been dramatic or clearly recognized. In truth it is still continuing. It is being continued in the struggle for organization, in contested elections before the National Labor Relations Board, in the seesaw tug of war between the shrinking forces of reaction and of progress in the determination of legislative and administrative policy, and even in the formulation of public opinion through propaganda. Enough progress has been made so that we may safely say that the declared public policy of the American people has established economic democracy as the American way of life, unless a startling reversal occurs. However, the question which still faces our Nation is whether we are to lay so constructive and enduring a foundation that it can and will meet the tests of time and changing needs of the masses. It is like the situation which the members of the Constitutional Convention faced when they had to decide whether to build a strong nation or a weak federation of sovereign states. The pressure of the war program, in my opinion, will either hasten and strengthen the foundation or wreck the small start which has been made

Basis (linear algebra · Business · Collective bargaining · Economic system · Economics · Labour economics · Law and economics · Labor Movements and Unions · Mathematics