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> The rise of income and wealth inequality is directly tied to the weakening of collective bargaining That would make sense, but the data in the article do not
by marcusverus 3y ago
> The rise of income and wealth inequality is directly tied to the weakening of collective bargaining
That would make sense, but the data in the article do not seem to be cooperating.
1917-1950: Union membership up 3X. Top 1% share of income reduced by 2/3rds. Looks like a causal relationship!
1950-1980: Union membership is reduced by 1/2. Top 1% share of income... is reduced by 8/10ths? Huh.
1980-2020: Union membership is reduced by 1/2. Top 1% share of income goes up 10X. Basically the opposite of the previous period.
- washadjeffmad 3y agoWhen the geese come in, you can buy these little concrete coyotes that keep them from colonizing everything and crapping everywhere. In general, it takes just a year or two until they completely avoid the area, and it lasts for about a (goose) generation. I'm sure there's a parallel in there about beating back the rentseekers and vulture capitalists.