One Minute Economics: Trade (or Labor) Unions Explained in One Minute: Definition/Meaning, History & Arguments For/Against
Should you join a trade union, or labor union as it is called in the United States? Well, let's just say that as this video makes clear, there are quite a few arguments in favor of being a trade/labor union member, despite there being arguments against as well.
But while the arguments in favor of joining trade unions seem to outweigh those against when it comes to the individual, how do things stand as far as society as a whole is concerned?
Do trade/labor union-related frustrations tend to build up over time? For example, do other workers end up considering trade union members spoiled... perhaps even at their expense? What about politicians, where do they stand when it comes to this topic?
As the video makes clear, trade/labor unions have had a somewhat "complex" history as of 1794 when it comes to the US and the present comes with its own set of challenges. By explaining what trade unions are all about, how things work and why you should care, the video helps you pick a proverbial side in an informed manner.
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