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Politics : Mainstream Politics and Economics
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To: koan who wrote (24324)8/21/2012 5:05:23 PM
From: TimF4 Recommendations  Read Replies (2) of 85487
 
Unions often worked to exclude non-whites. Prevailing wage laws, were often first created for racist reasons. Companies and small businessmen may have often been as racist as the unions, but they often worked against such laws because it was in their economic interest to do so.

I'm sorry if that causes cognitive dissonance for you, but its historically true.

Milton Friedman got it right when he said

“The great virtue of a free market system is that it does not care what color people are; it does not care what their religion is; it only cares whether they can produce something you want to buy. It is the most effective system we have discovered to enable people who hate one another to deal with one another and help one another.”

- Milton Friedman
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