The recent port strike by the International Longshoremen’s Association was suspended after dockworkers received a massive pay increase. However, the union’s opposition to port automation technology on job preservation grounds remains the major sticking point to the union accepting a new contract by a January 15 deadline.
As I previously discussed , worker opposition to labor-saving technology is hardly new. In the short term, new technologies can cause job losses in the affected industry. That was the result of the introduction of shipping containers in the mid-20th century. In the long term, technology enhances productivity and thus fosters higher living […]
Full Post at www.cato.org