4 union leaders: Coronavirus is a stress test for capitalism, and we are seeing encouraging signs

(Source: USA Today column by Randi Weingarten, Chris Shelton, Mary Kay Henry and James P. Hoffa, April 13, 2020. Randi Weingarten is president of the American Federation of Teachers. Chris Shelton is president of the Communications Workers of America. Mary Kay Henry is international president of the Service Employees International Union. James P. Hoffa is general president of the International Brotherhood of Teamsters.)

WASHINGTON, D.C. — American businesses will certainly emerge from the coronavirus crisis transformed by the trials of human loss, steep recession and Wall Street collapse. The social fabric of capitalism is undergoing a once-in-a-lifetime stress test. We are seeing the faults with the gig economy and the unfounded faith in finance. We are also seeing strengths in well-managed companies with established relationships with workers.

Full story: USA Today

Tuesday, April 14, 2020