Episode 65 How the New Deal Destroyed Labor Unions


People tend to think of capitalism and labor unions as inherently antagonistic towards each other. But they’re not. It was actually a very anti-capitalist law passed as part of the New Deal that changed the nature of the employment contract and destroyed the natural buyer-seller dynamic that would otherwise emerge.

Additional Reading & Listening:

Unions’ push at Amazon, Apple and Starbucks could be ‘most significant moment in the American labor movement’ in decades

It’s not labor unions that destroy the economy; it’s the New Deal and its awful progeny

The National Labor Relations Act of 1935 (text)

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