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In the world of labor
relations, a strike is a useful
tool for labor to signal to the
company that the union can
accept some pain (in the
form of lost wages) for
longer than the company can
lose profits. This is done to
achieve some sort of
concession like wage or not
having children work longer
than 12 hours a day. One of
the tricks with striking is
giving the impression that
you could continue striking
for another day or week but
at the same time not
posturing that you will never
go back to work, which is not
credible. Usually one side
backs down when the costs of
the strike get close to
their best alternative to
negotiated agreement.
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∙ 12y ago
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