Modern labor unions may provide higher wages and benefits to their workers in the short run, but they eventually lead to job loss and high unemployment as businesses liquidate or flee
As much as modern American labor unions would like to obscure their origins to imply they were part of the struggle for American independence, the facts are contrary to their rhetoric. Modern organized labor grew out of communist theory developed in the 1840s, which itself evolved from the bloody French Revolution of 1789.
