Mises Daily
Author:
Llewellyn H. Rockwell Jr.
Online Publish Date:
The Journal of Commerce September 7, 1998 Strange things happened at General Motors this summer. Huge swatches of its highly paid, coddled, unionized labor force went on strike. The result was catastrophic: GM plants all over North America shut down, causing the company to lose $75 million a day, idling 175,000 other workers, causing an 81% drop