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A trade union (British English) or labor union (American English), often simply referred to as a union, is an organization of workers whose purpose is to maintain or improve the conditions of their employment, [1] such as attaining better wages and benefits, improving working conditions, improving safety standards, establishing complaint procedures, developing rules governing status of ...
An economic union is a type of trade bloc which is composed of a common market with a customs union. [1] The participant countries have both common policies on product regulation, freedom of movement of goods, services and the factors of production (capital and labour) as well as a common external trade policy.
Unionization is the creation and growth of modern trade unions. Trade unions were often seen as a left-wing, socialist concept, [1] whose popularity has increased during the 19th century when a rise in industrial capitalism saw a decrease in motives for up-keeping workers' rights. [2] Workers usually create unions when they face a certain ...
The British union members largely felt that the organizing model was a good model to have implemented in their unions, and they were satisfied with its results. [3] Fiorito states that "Although the OM varies somewhat in meaning, a strong majority of unionists feel that their union is truly committed to recruiting and organizing new members ...
Economism, sometimes spelled economicism, [1] is "the most orthodox [position in Marxism which] provides one-to-one correlations between the socio-economic base and the intellectual superstructure". [2] [3] Economism refers to the distraction of working-class political activism from a global political project to purely economic demands. The ...
Labour economics, or labor economics, seeks to understand the functioning and dynamics of the markets for wage labour. Labour is a commodity that is supplied by labourers , usually in exchange for a wage paid by demanding firms.
Syndicalism is a revolutionary current within the labour movement that, through industrial unionism, seeks to unionize workers according to industry and advance their demands through strikes and other forms of direct action, with the eventual goal of gaining control over the means of production and the economy at large through social ownership.
Collective bargaining consists of the process of negotiation between representatives of a union and employers (generally represented by management, or, in some countries such as Austria, Sweden, Belgium, and the Netherlands, by an employers' organization) in respect of the terms and conditions of employment of employees, such as wages, hours of ...