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- Publisher
- SAGE
- Copyright
- © 2016, The Murphy Institute, City University of New York
- ISSN
- 1095-7960
- eISSN
- 1557-2978
- DOI
- 10.1177/1095796016681557
- Publisher site
- See Article on Publisher Site
Abstract
Udo Keppler, Next!, 1904. Library of Congress 681557 NLFXXX10.1177/1095796016681557New Labor ForumBogus research-article2016 New Labor Forum 2017, Vol. 26(1) 46 –55 Trust-Busting: Labor’s Copyright © 2016, The Murphy Institute, City University of New York Reprints and permissions: Forgotten Cause sagepub.com/journalsPermissions.nav DOI: 10.1177/1095796016681557 nlf.sagepub.com Carl T. Bogus Keywords capitalism, corporations, democracy, equality, labor, politics, social welfare, antitrust, monopolies, mergers What are the root causes of the power imbal- This single-minded focus has been detrimental, ance between employers and workers in not only for workers, but also for the social and America today? When we ponder this question, political fabric of the nation. we think first and foremost about the weaken- The framers of our major antitrust laws—the ing of labor unions. But there is another issue Sherman Act (1890), the Clayton Act (1914), and we should be thinking about too—increasing the Celler-Kefauver Act (1950)—would be corporate size and industry consolidation driven appalled if they were to learn how their legislation by mergers and acquisitions. Which is a health- is interpreted and applied today. They wanted to ier environment for workers: an industry com- protect consumers from being gouged by monop- posed of three firms or an industry composed of olies and
Journal
New Labor Forum – SAGE
Published: Jan 1, 2017