If a trade union can wrest monopoly profits from a monopolist, it is all right. The proper {unction of a trade union is to stop or prevent exploitation and when it goes beyond. it is bad. “The whole question of labour’s bargaining power in a free enterprise economy boils down, therefore, to the question how far it can make inroads into capitalist consumption without endangering the capital substance on which its own long run productivity and income depend.:”

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