The insurance fund might be kept separate from the other funds of the union, but he sees no reason why it should not be combined with them, as it would only constitute a new obstacle to ill-considered strikes, and as striking in itself will, he expects, in course of time, give way to some system of arbitration.
"Contemporary Socialism"
John Rae
As for arbitration in trade disputes, the object is, of course, in no way socialistic, for it is strictly allied with the ordinary judicial work of the State, and a public and permanent tribunal would probably answer the purpose much better than a private and merely occasional one; for even although it might not be able to enforce its judgments in all cases by compulsion on the parties, it would be more likely than the other to command their confidence and secure by its moral authority their voluntary submission, and this authority would increase with the experience of the court.
"Contemporary Socialism"
John Rae
In certain cases compulsory arbitration seems to be required.
"Contemporary Socialism"
John Rae