Lester Golden
Mar 20, 2021

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That’s what the New Deal did in creating the NLRB, which institutionalized labor relations in a structure that prevented further mass revolts like the sitdown strikes. The government forced employers to accept unions, while the unions got collective bargaining. By giving in on collective bargaining, employers avoided more crippling strikes and factory occupations. FDR saved capitalism by co-opting and channeling labor movements that were becoming mass revolts that included stopping evictions, bank foreclosures of farmers.

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Lester Golden
Lester Golden

Written by Lester Golden

From Latvia & Porto I write to share learning from an academic&business life in 8 languages in 5 countries & seeing fascism die in Portugal&Spain in1974 & 1976.

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