1887

oa Alternation - Labour pains and university mergers: the case of UKZN

Volume 13, Issue 1
  • ISSN : 1023-1757

 

Abstract

The history of Unions is a long series of defeats of the working-men, interrupted by few isolated victories. All these efforts naturally cannot alter the economic law according to which wages are determined by the relation between supply and demand in the labour market. Hence the Unions remain powerless against all great forces which influence this relation. In a commercial crisis the Union itself must reduce wages or dissolve wholly; and in a time of considerable increase in the demand for labour, it cannot fix the rate of wages higher than would be reached spontaneously by the competition of the capitalists among themselves. But in dealing with minor, single influences they are powerful (Engels 1892).

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2006-01-01
2019-10-21

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