Publisher's Synopsis
Offering a blueprint for ending the stalemate caused by strike action in labour-management relations, this work asks why the existing system of industrial relations has developed and outline their proposals for a better alternative. The authors show the benefits and drawbacks of three systems of industrial relations: a freely operating market for labour where workers bargain individually with employers, a strike-based system of collective bargaining, and a compulsory arbitration system. They show how the strike replaced individual bargaining, and highlight the deficiencies of both these systems.;In their view, arbitration retains most of the benefits of the strike system, while avoiding most of the disadvantages, and so is a more efficient and effective way of settling disputes. They place the emphasis for finding solutions on the parties involved and show how government intervention can be kept to a minimum. The authors fit their practical knowledge of labour-management relations into a comparative and theoretical framework.;This book should be of interest to lecturers and students of human resource management, industrial relations, public policy, management and labour law.
