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Unions were a big part of what kept the proceeds of that economic boom from accruing benefits almost exclusively to those already at the top. And helped sustain
by apothegm 7mo ago
Unions were a big part of what kept the proceeds of that economic boom from accruing benefits almost exclusively to those already at the top. And helped sustain said boom by ensuring a much larger swath of the population had disposable income to grow a consumption economy.
- LorenPechtel 7mo agoUnions are very good at taking credit for things that would have happened anyway. In a competitive labor market the company that's too stingy can't find/keep workers. What unions are good at is preventing machinery replacing workers until the industry is so far behind that they fail.