> HUDSON: This was the one thing that Alan Greenspan contributed to economic theory: the Traumatized Worker Syndrome. He said, the reason you’ve had this huge p

> HUDSON: This was the one thing that Alan Greenspan contributed to economic theory: the Traumatized Worker Syndrome. He said, the reason you’ve had this huge productivity gain without any wage increase is workers are afraid to go on strike, or even to complain about working conditions, because they’re just one paycheck away from homelessness. https://michael-hudson.com/2016/03/traumatized-worker-syndrome/ https://michael-hudson.com/2016/03/traumatized-worker-syndro...