Posted by
baseballdoc on Saturday, September 29, 2007 4:31:39 PM
KILLING THE GOLDEN GOOSE ...unions are government protected labor monopolies that use Capitalism to advance Socialism ...
.....What the United Automobile Workers has done ...on the foundation of coercive interventionist labor legislation ...is bring a once great company to its knees. It has done this by a process of forcing one obligation after another upon the company ...while at the same time ...through its work rules ...featherbedding practices ...hostility to labor saving devices ...and outlandish pay scales ...doing everything in its power to make it impossible for the company to meet those obligations ...
.....Without the UAW tens of thousands of workers ...its own members ...would not now be faced with the loss of pension and healthcare benefits that it is impossible for GM or any other auto companies to provide ...and never was possible for them to provide. The UAW ...the whole labor union movement ...and the Left-Liberal intellectual establishment ...which is their father and mother ...are responsible for foisting on the public and on the average working man and woman a fantasy land of imaginary Demons (big business & the rich) ...and of saintly Good Faries (politicians/government officials/union leaders). In this fantasy land the Good Faries supposedly have the power to wring unlimited free benefits from the Demons ...
.....Without the UAW and its fantasy land mentality ...autoworkers would have been motivated to save out of wages actually paid to them ...and to provide for their future by means of reasonable investments of those savings ...investments with some measure of diversification. Instead ...like small children ...lured by the prospect of candy from a stranger ...they have been led to a very bad end. They thought they would receive endless free golden eggs from a goose they were doing everything possible to maim and fatally kill ...and now they're about to learn that the eggs just aren't there ...
.....It is very sad to watch an innocent human being suffer ...It's dreadful to contemplate anyone's life being ruined ... It's dreadful to contemplate even an imbecile's falling off a cliff or down a well ...But the Union members ...their Union leaders ...the Politicians who catered to them ...the Journalists ...the Writers ...and the Professors who provided the intellectual and cultural environment in which this calamity could take place ...none of them were imbeciles ...but they all could have and should have known better ...
.....What is happening is cruel justice ...imposed by a reality that willfully ignorant people thought they could choose to ignore as long as it suited them ...the reality that prosperity comes from the making of goods ...not the making of work ...that it comes from the doing of work ...and not from the shirking of it ...that it comes from the machines and methods of production that save labor ...not the combatting of those machines and methods ...that it comes from the earning and reinvestment of profits ...and not from the seizure of those profits for the benefit of the idlers who do all they can ...to prevent those profits from being earned in the first place ...
.....excerpted from an article by George Reisman .....COLOSSUS