This analysis of the changing process of union-employer collective bargaining represents the first-person views of some of the most prominent figures in U.S. labor relations. Based on a series of addresses and discussions at the Institute of Collective Bargaining, each part of the book contains two chapters that sharply contrast the views of representatives of labor, business, government, and other "third parties." The contributors discuss fundamental domestic and international economic and political trends, as well as the most salient contemporary issues, including inflation, unemployment, automation, productivity, foreign trade, multinational corporations, government intervention, and worker alienation.