Unions are industrial policy--what's new in the UAW strike

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June Zaccone

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Nov 30, 2023, 5:51:57 PM11/30/23

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Labor Unions Are Industrial Policy

Last week, the United Auto Workers reached a deal with Stellantis to re-open an idled Belvidere Assembly Plant. "We made them invest," said transformational UAW President Shawn Fain. Lee Hepner Nov 4, 2023

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A lot of ink has already been spilled regarding the UAW strike strategy and the generational leadership qualities of its President Shawn Fain. But what’s even more interesting is how the UAW set targets beyond wages and working conditions. By causing Stellantis to revive the Belvidere facility and sealing Ford’s various investment commitments, Fain and the UAW have asserted control over a realm of corporate decision-making that has, for decades, been dictated by financiers. Organized labor is dictating corporate investment decisions and setting industrial policy. Announcing the Stellantis deal, UAW President Shawn Fain made the point: “We made them invest.” If the Big 3 automakers were choosing to subcontract and offshore, organized labor countered with an imperative to make things in America again....."