IDNLearn.com: Your one-stop destination for reliable answers to diverse questions. Get accurate and comprehensive answers from our network of experienced professionals.

Why were some unions drawn to socialism?

Sagot :

Answer:

Unions simply do not provide the economic benefits that their supporters claim they provide. They are labor cartels, intentionally reducing the number of jobs to drive up wages for their members. In competitive markets, unions cannot cartelize labor and raise wages. Companies with higher labor costs go out of business.