Thursday, October 27, 2011

On Profit-sharing: Through copartnership the interests of both capital and labor are best served

My cousin Tom was describing his company benefits, one of which is profit-sharing. -gw
It is by friendly consultation and cooperation, by just copartnership and profit-sharing, that the interests of both capital and labor will be best served. The harsh weapons of the strike and lockout are injurious, not only to the trades immediately affected, but to the community as a whole. It is, therefore, the business of the governments to devise means for preventing recourse to such barbarous methods of settling disputes.
The tour which the Haskins-Green counsins took of Tom's aerospace industry plant was fascinating and eye-opening. -gw

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