The UK coal industry was destroyed by the labor movement, so I don't see how you imagine the coal company shareholders won that. Had contract liberty not been d

The UK coal industry was destroyed by the labor movement, so I don't see how you imagine the coal company shareholders won that. Had contract liberty not been destroyed by the UK socialist/labor movement in the decades prior, the coal companies could have fired the strikers, and survived. That would have been better overall for UK workers. The disappearance of UK Coal, and much of the UK manufacturing sector, played no small part in the stagnation of UK wage growth since the 1970s. When Adam Smith's maxim, that contract freedom not be infringed upon by government, was in force, in the late 1800s, unions could not single-handedly bankrupt industries, and wages, alongside industry, grew at their fastest rate in both US and UK history.