Portside

Understanding the turbulent, complicated beginning of the “Labor Day” holiday can help us to rethink the significance of this holiday today.

The tentative agreement reached between the ILWU and the Pacific Northwest Grain Handlers Association (PNGHA) would impose a major reduction in working conditions and shop floor power, including the loss of the union controlled hiring hall, and no overtime pay until after 12 hours. The agreement would prevent work stoppages because it would allow the employer the right to use its own managers to replace union workers during work stoppages.

Unless the institutions of international finance are wrested from the control of a few wealthy nations, and unless there are checks on the ability of the U.S. and its allies to devastate a country's economy over a disagreement on foreign policy, those figures bode for some serious trouble ahead.