Why Workers Are Losing to Capitalists

Why Workers Are Losing to Capitalists - Bloomberg:

the summary is....
"In other words, the two most conventional explanations for rising inequality and falling wages might both be correct. A perfect storm of robots and free trade -- and some monopoly power to boot -- could be shifting power from the proletariat to the capitalists. With all these factors at work, maybe the real puzzle is why workers aren’t doing even worse than they are"

... not a word about the decline of union membership in the US.

'via Blog this'

No comments:

Post a Comment