Introduction
- In trade unions, workers campaign for higher wages, better working conditions and fair treatment from their employers, and through the implementation of labour laws, from their governments. They do this through collective bargaining, sectoral bargaining, and when needed, strike action. In some countries, co-determination gives representatives of workers seats on the board of directors of their employers.
- Political parties representing the interests of workers campaign for labour rights, social security and the welfare state. They are usually called a labour party (in English-speaking countries), a social democratic party (in Germanic and Slavic countries), a socialist party (in Romance countries), or sometimes a workers' party.
- Though historically less prominent, the cooperative movement campaigns to replace capitalist ownership of the economy with worker cooperatives, consumer cooperatives, and other types of cooperative ownership. This is related to the concept of economic democracy.
The labour movement developed as a response to capitalism and the Industrial Revolution of the late 18th and early 19th centuries, at about the same time as socialism. The early goals of the movement were the right to unionise, the right to vote, democracy and the 40-hour week. As these were achieved in many of the advanced economies of western Europe and north America in the early decades of the 20th century, the labour movement expanded to issues of welfare and social insurance, wealth distribution and income distribution, public services like health care and education, social housing and common ownership. (Full article...)
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A credit union is a member-owned nonprofit cooperative financial institution. They may offer financial services equivalent to those of commercial banks, such as share accounts (savings accounts), share draft accounts (cheque accounts), credit cards, credit, share term certificates (certificates of deposit), and online banking. Normally, only a member of a credit union may deposit or borrow money. In several African countries, credit unions are commonly referred to as SACCOs (savings and credit co-operatives).
Worldwide, credit union systems vary significantly in their total assets and average institution asset size, ranging from volunteer operations with a handful of members to institutions with hundreds of thousands of members and assets worth billions of US dollars. In 2018, the number of members in credit unions worldwide was 375 million, with over 100 million members having been added since 2016.
Leading up to the financial crisis of 2007–2008, in 2006, 23.6% of mortgages from commercial banks were subprime, compared to only 3.6% of those from credit unions, and banks were two and a half times more likely to fail during the crisis. American credit unions more than doubled lending to small businesses between 2008 and 2016, from $30 billion to $60 billion, while lending to small businesses overall during the same period declined by around $100 billion. In the US, public trust in credit unions stands at 60%, compared to 30% for big banks. Furthermore, small businesses are 80% more likely to be satisfied by a credit union than with a big bank. (Full article...)June in Labor History
Significant dates in labour history.
- June 01 - Matthew Woll died; the United Farm Workers conducted its first strike in 1966 in Texas; the Cananea strike began in 1906 in Mexico
- June 02 - During the 1952 steel strike, the U.S. Supreme Court decided Youngstown Sheet & Tube Co. v. Sawyer; the Child Labor Amendment was adopted by the U.S. Congress; Charles Moyer died
- June 03 - The U.S. Supreme Court decided Hammer v. Dagenhart, outlawing child labor laws; Victor G. Reuther died; Emmanuel Christopher Loblack died
- June 04 - The Amalgamated Association of Iron and Steel Workers affiliated with the CIO; Lou Cunningham was born
- June 05 - Teamsters for a Democratic Union was formed; the U.S. Supreme Court decided Hague v. CIO; the California Agricultural Labor Relations Act became law
- June 06 - Don Farrell was born; CUPE 3902 was founded; N. M. Perera was born; Thomas Jackson died
- June 07 - The Steel Workers Organizing Committee was founded; the Matignon Agreements ended a general strike in 1936 in France; John Willcock died
- June 08 - Robert Lee Hill was born; Emil Rieve was born; Percy Wells was born
- June 09 - R. J. Thomas was born
- June 10 - The U.S. Supreme Court decided Anderson v. Mt. Clemens Pottery Co.; Frank Hayes died
- June 11 - John L. Lewis died; the Federación Sindical de Trabajadores Mineros de Bolivia was founded; José Bové was born
- June 12 - The 1981 Major League Baseball strike began in the U.S. and Canada; Philip Vera Cruz died
- June 13 - Israel Kugler was born; Tony Mazzocchi was born
- June 14 - 1911 Liverpool general transport strike began in the U.K.; government troops triggered the 2006 Oaxaca protests in Mexico
- June 15 - The Metal Trades Department, AFL–CIO was founded
- June 16 - Dave Beck was born
- June 18 - Battle of Ballantyne Pier occurred in Canada in 1935; the Battle of Orgreave occurred in 1984 in the U.K.
- June 19 - Nelson Cruikshank died; John W. Brown died; Tanong Po-arn disappeared
- June 20 - The American Railway Union was founded; Jim Bacon died; Evelyn Dubrow died; Alphonse Verville died
- June 21 - Nelson Cruikshank was born; the Herrin massacre occurred in 1922 in the U.S.; the U.S. Supreme Court decided United States v. Congress of Industrial Organizations; the "Molly Maguires" were hanged in the U.S.; Frank Drozak died
- June 22 - Riots occurred during the Grunwick dispute in 1976 in the U.K.; Paul Hall died; the U.S. Supreme Court decided Burlington Northern Railway v. White; the Sheffield Trades and Labour Council was founded; John Marius Trana was born
- June 23 - The Taft–Hartley Act became law in the U.S.
- June 24 - Terence V. Powderly died, Agnes Nestor was born
- June 25 - Winnipeg general strike of 1919 ended; the Smith–Connally Act became law in the U.S.
- June 26 - Timothy D. Murphy died; the Alliance of Concerned Teachers was formed; John W. Brown died; Emma Miller was born
- June 27 - The 1949 Australian coal strike began; the Industrial Workers of the World was founded; the Bureau of Labor Statistics was formed in the U.S.
- June 28 - President Grover Cleveland signed legislation establishing Labor Day in the U.S.; Alfred Miodowicz was born; Vere Bird died
- June 29 - The National Labor Relations Board was created; a lockout triggered the Homestead Strike; the merger of the blacksmiths and boilermakers formed the International Brotherhood of Boilermakers; Edward J. Carlough died; the U.S. Supreme Court decided Communications Workers of America v. Beck
- June 30 - Former labor union official Tomiichi Murayama became Prime Minister of Japan
More Did you know (auto-generated)
- ... that the Women's National Basketball Players Association was the first trade union for professional women athletes?
- ... that the Russian airstrike on Kyiv TV Tower (video featured) killed Yevhenii Sakun, one of at least 14 civilian journalists killed in the line of duty during the Russo-Ukrainian War?
- ... that during the 1913 El Paso smelters' strike the Industrial Workers of the World and the Western Federation of Miners competed to organize the strikers with their respective labor unions?
- ... that Amazon Labor Union founder Chris Smalls was one of the leaders in the first successful effort to unionize Amazon warehouse workers in the United States?
- ... that Marco van Basten's strike in the UEFA Euro 1988 Final was described as "perhaps the most iconic goal in UEFA European Championship history"?
- ... that 55,000 Berlin workers went on strike on 28 June 1916 to protest the arrest and trial of anti-war campaigner Karl Liebknecht?
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If I could have wished another life, I would have loved to be a pioneer woman in the beginning of the labor movement." | — Astrid Lindgren, author, Pippi Longstocking |
Did you know
- ...that American activist Nelson Cruikshank is considered the most important non-legislator responsible for the enactment of the U.S. Social Security Disability Insurance in 1956 and Medicare in 1965?
- ...that the 1968 Florida teachers' strike was the first statewide strike by teachers in United States history?
- ... that by 1962 the communist-led Indonesian forest workers union Sarbuksi claimed to have a quarter of a million members?
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