Can labor unions run companies all on their own?

Yes and No both. It is mandatory to have a labour union for a factory. So managing team may come from labour union. But then the labours will have saperate representation for them in the same company. read more

A union theoretically could run a company, if it owned that company. The National Center on Employee Ownership has some interest insights into how management on ESOP (Employee Stock Ownership Plan) can work - there are many different models. read more

Union members don't like risk, they work 40 hours, they work their job and go home, they care about their wallet, they do what needs to be done and that is it, they work for a paycheck and benefits if not they strike. read more

A handful of American unions aren't content to just negotiate with the boss—instead, they're cutting the boss out of the equation entirely. A handful of American unions aren't content to just negotiate with the boss—instead, they're cutting the boss out of the equation entirely. read more