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Strategies & Market Trends : Asia Forum

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To: Ron Bower who wrote (8060)	2/24/1999 8:23:00 AM
From: Liatris Spicata	of 9980

Ron and Folks Interested in Unions & OT Stuff- <<I offer the premise that the US attained economic growth because of a free education system that provided businesses with a skilled workforce.>> First, TANSTAAFL. An interesting premise- I wonder if the evidence is there to support it. I have my doubts. How much did the "free" educational system in this country contribute to the Golden Age of American Capitalism- roughly between our Civil War and WWI? Of far greater importance, I would guess, was capital's freedom from government shackles that so constrained European business (eg. consider the etymology of the term laissez-faire). I also dispute the notion expressed on this thread that unions were the engine of rising prosperity in the American middle class. More significant was the unleashing of the spirit of enterprise. When Henry Ford offered his non-unionized work force the unheard of wage of $5.00 per day, he did so out of enlightened self-interest, not from "pressures" from organized labor abetted by a coercive government. Ford wanted the best workers for his company, and he paid what he felt was necessary to get them. By this line of reasoning, Henry Ford was a far greater benefactor of the "common man" than was Samuel Gompers. Larry

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