Walter Block has an excellent refutation of the union-created myth of the rate-buster today at the Mises Institute. The central fallacy, as Block points out, is the belief that there is a limited amount of work for humans to accomplish. This, of course, would imply that there is an upward bound to the desires that humans would like to have fulfilled – meaning that humans have no desire to achieve a higher standard of living.
Obviously, this is inaccurate, as is the belief that “rate-busters” somehow take work away from others. In reality, the rate-buster is a hero because he provides for more of the needs of others.
Hail the rate-buster!