While the news media fills the air with flotsam and jetsam, powerful forces reshape America. Chief among them is rising income inequality. Like so much happening to us, it results from rational policies skillfully executed by our rulers for their benefit, not ours.
The 1%'s big success has been crushing unions, one of the strongest forces building a large middle class in America. But greed is a dangerous master.
Summary: We regard a prosperous middle class as our just due. In fact generations of union activists played a larger role in creating it. It existed for only a few generations, and survived the crushing of unions by a few decades. On Labor Day let's remember the lost history of the union movement, and learn … Continue reading Remember the union workers who bled to create America
Summary: Although denied for years, by now rising inequality is acknowledge even by conservatives -- so the debate shifts to its causes and remedies. The "standard" answer points to the "invisible hand" of "market forces". New cutting edge research shows that this defense, much like the earlier denials, does not match the facts. This post … Continue reading The battle of institutions vs. technology = rising wage inequality
Summary: We take the growth of a prosperous middle class as the just due of Americans. In fact generations of union activism played the largest role in creating it, it existed for only a few generations, and now dies. On this Labor Day let's revisit the lost history of the union movement, and consider lessons … Continue reading On Labor Day remember those who worked and bled to create the middle class