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The bigger question is whether, given that real wages in the US have stagnated for the last 20-30 years, the outsize compensation given to elites is a function
by john_shanks 16y ago
The bigger question is whether, given that real wages in the US have stagnated for the last 20-30 years, the outsize compensation given to elites is a function of productivity gains increasingly depending on them or just an increase in relative bargaining power.
- kongqiu 16y agoRe: Bargaining power - how can "average joes" increase their bargaining power? Especially as unions have a pretty bad name...
- MaysonL 16y agoAnd why do unions have a pretty bad name?[in the USA] I would argue that it is in large part due to ceaseless anti-union propaganda by the rich and their minions.
- amock 16y agoI've heard more anti-union sentiment from people who had to be in unions to to get a particular job and then were forced to go on strike for a settlement that really only benefited the union leaders or from people who lost their jobs because going on strike caused the company go out of business. Maybe unions do some good, but it's not just the rich who don't like unions.
- kongqiu 16y agoI'm not arguing that unions are terrible, just that the perception/marketing of unions is unfavorable for most Americans. Which begs the question: how does the "little guy" re-take some bargaining power? "Unions" under a different name?