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    Socio Economic Importance of Union

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    Christopher Joselle Molato
    Unions play an important role in promoting democracy, equality, and economic security. They give workers a collective voice to advocate for fair treatment, benefits, and job security. Studies show countries with strong unions tend to have lower inequality, higher productivity, and more developed social programs and welfare states. Unions also push for progressive policies that benefit workers and their communities. Overall, protecting labor rights through unions contributes to healthier democracies and more equitable, sustainable economies.

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    Socio Economic Importance of Union

    Uploaded by

    Christopher Joselle Molato
    47 views2 pages
    Unions play an important role in promoting democracy, equality, and economic security. They give workers a collective voice to advocate for fair treatment, benefits, and job security. Studies show countries with strong unions tend to have lower inequality, higher productivity, and more developed social programs and welfare states. Unions also push for progressive policies that benefit workers and their communities. Overall, protecting labor rights through unions contributes to healthier democracies and more equitable, sustainable economies.

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    Unions play an important role in promoting democracy, equality, and economic security. They give workers a collective voice to advocate for fair treatment, benefits, and job security. Studies show countries with strong unions tend to have lower inequality, higher productivity, and more developed social programs and welfare states. Unions also push for progressive policies that benefit workers and their communities. Overall, protecting labor rights through unions contributes to healthier democracies and more equitable, sustainable economies.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    47 views2 pages

    Socio Economic Importance of Union

    Uploaded by

    Christopher Joselle Molato
    Unions play an important role in promoting democracy, equality, and economic security. They give workers a collective voice to advocate for fair treatment, benefits, and job security. Studies show countries with strong unions tend to have lower inequality, higher productivity, and more developed social programs and welfare states. Unions also push for progressive policies that benefit workers and their communities. Overall, protecting labor rights through unions contributes to healthier democracies and more equitable, sustainable economies.

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    © All Rights Reserved
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    67

    Unions have always been a positive force in society


    Unions create greater workplace democracy
    Through unions, working people have a collective voice at work and an avenue to equality, fair treatment and economic
    security. They provide a powerful check to the almost total power of management in the workplace and ensure workers
    have a voice in workplace decisions that affect them.

    Unions assist workers in obtaining a decent wage so they and their families can enjoy a quality standard of living and
    financial security. They help workers achieve workplace benefits over and above legislative benefits and universal public
    programs. Vacations, extra medical insurance, disability and life insurance and a retirement income are all areas where
    unions have negotiated enhanced provisions. Unions provide workers with greater job security and thus economic security
    for themselves, their families and their communities.

    But unions play a much broader role in society.

    Unions help strengthen democracy of nation states


    Unions have been, and continue to be, an important force for democracy, not just in the workplace, but also in the
    community – locally, nationally, and globally. Unions make democracy work better. They press for better social,
    economic and environmental policies, through various forms of political action and through coalitions with others who
    have common aims.

    A just and democratic society depends on a healthy and free labour movement. It is no coincidence that in countries where
    there are free and active trade union movements, there are more democratic, transparent and representative forms of
    government.

    In those countries where there is no union movement or where the movement is vulnerable, the vast majority of citizens
    continue to be trapped in poverty. It is in these conditions that instability and extremism thrive at the expense of
    democracy.

    Unions promote greater economic equality


    Not only do democracies benefit from unions, so do economies.

    Unions have historically been a major force in humanizing and democratizing the economies of nations. Unions promote
    higher levels of economic equality and social rights for all citizens.

    Even the notoriously conservative World Bank agrees that unions are good for the economy. In its 2003 report entitled,
    Unions and Collective Bargaining
    Economic Effects in a Global Environment, which was based on more than a thousand studies of the effects of unions on
    the performance of national economies, the World Bank found that high rates of unionization lead to lower inequality of
    earnings, lower unemployment and inflation, higher productivity and speedier adjustments to economic shocks.

    Most recently, a major International Labour Organization (ILO) study found that the countries in which income inequality
    was on average lower tended to be those in which a greater proportion of workers were members of unions.

    The ILO’s study also found that higher rates of union density had a positive impact on the range of social rights afforded
    to citizens:
    “The countries in which union density rates are higher are also the ones in which the welfare state is more developed,
    taxation levels higher and more progressive, collective bargaining more centralized and labour law both closer to
    international labour standards and better implemented.”

    Labour rights – a key component to economic and social justice


    The growing body of evidence shows that laws and practices which promote unions and the right to collective bargaining
    make a major contribution to higher economic productivity to the benefit of the community as a whole.

    The labour movement in Canada and its progressive allies must create greater public awareness and understanding of
    labour rights as a key component to a functioning democracy and an equitable and sustainable economy. We need to build
    effective political momentum and public support for progressive labour law reform.

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