Free America; Short Chapters Showing How Liberty Brings Prosperity
Free America; Short Chapters Showing How Liberty Brings Prosperity
Hall Bolton
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143 Digitized by Google HOW MONOPOLY OPPRESSES LABOR Digitized by VjOOQIC the unions to secure land on which they could work would have vastly improved their circum- stances. The unions are beginning to see this as is shown by the farm lately operated by Typo- graphical Union No. 6, of New York City. Something has been done, notably in England, by arbitration, to settle the disputes betyeen laborers and employers. But the fatal fault of arbitration, whether by agreement or by law, is that it do...es not include the "sleeping partner^^ of laborer and employer, the owner of the site for work- and of the materials drawn from that site. It is not as the employer but as the mon- opolist that some bosses are able to say "There is nothing to arbitrate.^^ The reduction of wages in order to stimulate business, which is suggested by such representa- tive papers as the New York Journal of Com- merce, is a chimera. It would enable us to sell some goods abroad that we cannot sell now, but on the other hand it would reduce the price paid by the rich for what they consume.
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