While the free enterprise capitalist economic system often presents a conflict of interests between labor and management, to what extent does the collective bargaining process in the private sector with its reliance upon the use of economic weapons, i.e. strike, lockout, boycott, picketing, as well as the influence of public opinion and the media (print and electronic), help to ensure an apppropriate equilibrium between the parties ?

Do you believe that the government through further legislative initiatives or intervention by the judiciary or executive branch would enhance or in the alternative have a deleterious impact on the balance of power between the two parties ?

Answer rating: 100% (QA)

The Collective Bargaining Process The collective bargaining process in the private sector with its reliance on economic weapons such as strikes lockou... View the full answer