The Rise and Decline of Unions
7 Pages Posted: 19 Jul 2007
Union membership, as a percentage of the private sector workforce, has been in decline for 50 years. The cause of this unrelenting decline is a single, fundamental factor: the change in the United States economy from a corporatist-regulated economy to one based on free competition. Unions are central to a corporatist regime and are peripheral in a liberal pluralist regime.
Keywords: the rise and decline of unions, michael wachter, unions, union membership, private sector workforce, declines, corporatist, regulated economy, free competition, liberal, liberal pluralist, NIRA, NRA, industry regulation, public interest, deregulation, labor law, corporate law
JEL Classification: A13, D21, D74, H11, J39, J50, J51, J52, J53, J58
Suggested Citation: Suggested Citation