For the first time since records were kept, western Europe was experiencing full employment. In many sectors there were now endemic labor shortages. In spite of the leverage this afforded to organized labor, trade unions (with the distinctive exception of Britain) were either weak or else reluctant to exercise their power. This was a legacy of the inter-war decades: militant or political unions never fully recovered from the impact of the Depression and Fascist repression. In return for their newfound respectability as national negotiating partners, union representatives through the fifties
...more