http://theimmoralminority.blogspot.com/2015/06/robert-reich-explains-that-we.html
Courtesy of Robert Reich.org:
One big reason America was far more equal in the 1950s and 1960s than now is unions were stronger then. That gave workers bargaining power to get a fair share of the economy’s gains – and unions helped improve wages and working conditions for everyone.
But as union membership has weakened – from more than a third of all private-sector workers belonging unions in the 1950s to fewer than 7 percent today – the bargaining power of average workers has all but disappeared.
In fact, the decline of the American middle class mirrors almost exactly the decline of American labor union membership.
I think Professor Reich is one of my favorite sources for learning about politics and economics in this country.
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