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Globalization and technology has played a much more important role than union-busting and deregulating industry (not sure how that last one factors in at all to
by randyrand 13y ago
Globalization and technology has played a much more important role than union-busting and deregulating industry (not sure how that last one factors in at all to be honest).
Think about it, before the lowest 90% were competing with themselves. Now they're competing with the Chinese, Indians, and robots who are happy with a few dollars a day or a nice greasing.
In depth report of why inequality is growing in OECD countries:
http://www.keepeek.com/Digital-Asset-Management/oecd/social-issues-migration-health/the-causes-of-growing-inequalities-in-oecd-countries_9789264119536-en#page21 http://www.keepeek.com/Digital-Asset-Management/oecd/social-...