Abstract
Examines the neo-liberal economic arguments concerning trade unions' negative effects on both economic efficiency and equity. Rejecting as unproven the contention that flexibility necessarily implies superior economic performance, notes that empirical evidence reveals a more complex situation, in which other factors have equal or greater influence on economic performance. Recalls the important role of trade unions in decreasing inequality and contributing to social gains. Relativizes recent clashes between "Asian" and "Western" values concerning human rights, arguing for their universalities.