Word: ares
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Dates: during 1960-1969
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The reason, of course, was the six-week-old strike against G.E. Whether the boycott will force the company to budge remains to be seen. Union boycotts generally have been ineffective. Indeed, at the scheduled start of the G.E. boycott on the day after Thanksgiving, no pickets showed up in...
To much of the world, Scandinavia, rather than the U.S., represents the ideal of an economic Utopia. Sweden has the world's second highest per capita income; Denmark, Norway and Finland also rank high. All four are free of slums, hunger and extreme poverty. All enjoy steady economic growth...
A stated goal of Sweden's National Trade Union Confederation, or Lands-organisation, is "to give due consideration to the effect of wage developments on the national economy." Sweden's powerful LO represents one worker in every two, and Denmark's LO also has every second worker...
Every two or three years in Sweden, representatives of labor and management negotiate an umbrella agreement, setting the rates for wage increases across the country. The terms are then written into detailed contracts for each industry. New contracts negotiated last June provided for an increase of 6.5% during the first...
ATTITUDE: Each side takes care not to surprise the other. A labor-management committee meets three times yearly to discuss the next moves. It helps, too, that, as Clas-Erik Odhner, a top official of Sweden's LO, puts it, "everyone knows everyone else. We are all friends."