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It is no secret that corporate America is in trouble--as are labor unions--and a principal reason is our archaic system of labor-management relations, which excludes labor from participating in, and sharing responsibility for, the growth and profitability of the enterprises for which it works. In a book sure to arouse controversy in both management and labor circles, Barry and Irving Bluestone propose a New Enterprise Compact under which labor becomes co-responsible with management for all strategic business decisions--pricing, investment, plant location, and more.
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