The only correct statement in this article is that there needs to be a counterbalance to corporate power and even that is only correct if I give the writer the

The only correct statement in this article is that there needs to be a counterbalance to corporate power and even that is only correct if I give the writer the benefit of the doubt and assume they mean market power and not a corporation's right to run itself as shareholders see fit (and fail into bankruptcy if that way is a bad idea). A correct heading for this article would be "Unions also abuse market power for the benefit of their members at the cost of dead weight loss to society" The correct counter balance to corporate power is strong antitrust law that is enforced (similar but not quite to the extreme of how it was pre Rehnquist supreme court).