Abstract

Everybody's Business

The article focuses on a stand taken by General Motors Corp. in its current disputes with the automobile workers' in which they said that they will not negotiate with the workers union regarding their selling prices and profits. This refusal to discuss the financial situation of the corporation renders negotiation impossible, for the workers' representatives have made a specific claim for higher wages unaccompanied by higher prices. If it can be proved that a rise in pay will unavoidably make automobiles more expensive, the union is willing to withdraw its demand. General Motors has dodged this challenge entirely. It has denied broadly the validity of the economic analysis made by the union in support of its belief that even if car prices were lowered, its wage demands could be met and a handsome profit left to the company, but it has attempted no factual disproof.