When Unions Back Corporate Mergers, Workers Lose
There has always been a fundamental tension in the organized labor world between people who think that unions exist to counteract the self-serving tendencies of businesses, and people who think that unions should copy the self-serving tendencies of businesses. The gap between the view that unions should change capitalism and the view that unions should just help working people get their piece of capitalism is not just fodder for theoretical arguments — billions of dollars, thousands of jobs, and the entire direction of the post-neoliberalism economy could ride on it. We’re seeing that tension painfully demonstrated right now, at the grocery store.
Last week, Kroger announced its plan to merge with Albertsons. That merger would create a $25 billion grocery giant that would control more than 15% of the American grocery market, second only to Walmart.