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April 4, 2003

unions and business ethics

My article on "The Legitimacy of Labor Unions," which originally appeared in The Hofstra Labor and Employment Law Journal, is going to be translated into Chinese for the Global Law Review, a quarterly law journal published by the Institute of Law of the Chinese Academy of Social Sciences. I'm excited because an argument in favor of unions is especially important in a country where the right to unionize is barely recognized.

Here's a quote to make you angry. According to an article in the New York Times, after a White House meeting on the Bush economic plan, "Lizann Sonders, the chief investment strategist at Charles Schwab & Company, said the tax cut is 'the answer to the economy, is the answer to the stock market and maybe most importantly it's the answer to bringing back trust and fairness and faith in the system.'" So a representative of a profession that has squandered public trust has the gall to say that "trust and fairness and faith" can be restored by granting her industry a massive tax break that would necessitate deep cuts in programs benefitting the poor and disadvantaged.

Posted by peterlevine at 12:12 PM | Comments (0) | TrackBack

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