Discussion Paper in Political Economy #6, Some Further Reflections on Syndicalism.

Some 35 years ago, the Great Chicago School classical liberal Henry C. Simons published an academic essay entitled 'Some Reflections on Syndicalism.' That essay stands as one of the great landmarks in the tradition of classical liberal political economy of this century.

In this 'Reflections' essay, Simons predicted the emergence of an "awful dilemma" in democratic societies such as America and Britain, that had allowed-and indeed fostered-the emergence and growth of a large and powerful labor union movement. My purpose here is to examine, to criticize and to refine Simons' thesis in the light of both more recent experience and recent developments in economic analysis.