LIFE IS UNFAIR, BUT COLLECTIVELY WE CAN CHANGE THE RULES OF THE GAME

“The truth has long been known and has been the bond of the wisest spirits.

This old truth – reach for it.” -- Goethe

Saturday, July 3, 2010

The Sham of "Binding Arbitration"

On the surface, the common practice that businesses use of signing contracts with their workers that impose binding arbitration in case of disputes seems like a good idea, a gesture toward fairness. In fact, it's the reverse, a trap that employees are unwittingly falling into. As the New York Timesreported the other day,it's a rigged game. Arbitrators, for some reason, almost always rule in favor of the employer, and our Supreme Court has now ruled that, no matter how outrageously unfair the arbitrator's decisions may be, employees have no recourse.

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