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Industry Quotes

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Industry Quotes

“You know, when I was in college, there was a big debate: Do unions raise wages? Well, with regard to industrial unions, there were arguments back and forth -- international competition. It is now clear, I think, that whether or not you think unions raised wages 50 years ago, the absence of unions and their weakness that is inflicted by anti-union public policy depresses wages. The fact is that people who are not represented, in the service industries in particular, are the victims of policies which depress their wages.”

“Thus a new way of finding fluidity will inevitably be imposed on management and labor alike. The profit-sharing, or "progress" sharing union contract is the only possible way of satisfying labor and the consumer without saddling industry with fixed costs that in depression periods can kill off marginal companies like flies.”

“Fred Wilson is a legendary VC and the Managing Partner of Union Square Ventures in New York City. At AVC, he writes one of the most popular startup blogs and covers issues from negotiation to hiring to fundraising. He's a machine for dispensing helpful advice and insightful commentary for those in our industry.”

“Disunion and civil war are at hand; and yet I fear disunion and war less than compromise. We can recover from them. The free States alone, if we must go on alone, will make a glorious nation. Twenty millions in the temperate zone, stretching from the Atlantic to the Pacific, full of vigor, industry, inventive genius, educated, and moral; increasing by immigration rapidly, and, above all, free--all free--will form a confederacy of twenty States scarcely inferior in real power to the unfortunate Union of thirty-three States which we had on the first of November.”

“Caterpillar was quite important because that was the first manufacturing industry that used Reaganite strike-breaking techniques. They illegally called in scabs to break a major strike. It was reported pretty well in the Chicago Tribune, who pointed out something very interesting. They said that the workers got very little support in Peoria when scabs illegally broke the strike, and that was particularly striking because that whole community had been built up by the union - it was a union-based community.”