New deal for new era? Auto industry settlement

Unions and employers agreed to establish an industry-wide training board. NUMSA members won the key gain of a moratorium on retrenchments, and in return the union agreed to make up any production lost through unprocedural stoppage in the plants. Is this a first step towards co-determination or a social contracts, as many commentators argue? Lael Bethlehem and Karl von Holdt discuss the issues.