This is a good quote but it appears as though Unions in the private sector, when they do this, the company packs up and leaves. Unions in the public sector do this and continue to reap the benifits of the puplic teat. This builds a lot of resentment towards both the public sector and Unions in general and IMHO thats why the majority think Unions have outlived their purpose. What has happenened is complacency in the labour force"Let them eat cake" The value of our labour is still exploited by the 1% and will be continued to be until we get angry enough once again to tear down the upper class.
Edit: When it comes to our labour(mine in particular) I want full value and am really a Marxist