I think that is very much on track. That process is being endangered now. If you wipe out the ability to organize and you wipe out unions, who have the resources and the know-how to organize, then you are going to shut off that whole process. There is an article in the February issue of Atlantic Monthly by a very successful capitalist named George Soros where he is saying capitalism is out of control and capitalism is going to destroy itself because there is so much great abuse of power. It is going to end the open society, what I call the society of checks and balances. Institutions like organized labor become a check on the power of corporations. Corporations are running rampant over everybody so the process of being able to organize is going to be wiped out.
Burgess Owens: “I think that is very much on track. That process is being endangered now. If you wipe out the ability to organize and…”
On the recordApril 29, 1997
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govinfo.govEditor's note · Context
Discussing the importance of unions and organized labor in maintaining checks on corporate power.
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