THE two-week-old steel strike has brought the question from some laymen: Why not arbitrate? Instead of settling the dispute by force, let industry and union turn the dispute over to an expert, impartial arbitrator who would make a binding decision on the basis of facts.
While such a solution sounds reasonable, most arbitration experts flatly say that it makes little sense. Arbitration is an aid to collective bargaining, not a substitute for it. As Houston Transit Co. President Carl Frazier puts it: "You simply cannot, in effect, turn over the authority for managing the company to a third party who...