William Lazonick, professor at University of Massachusetts Lowell, explains how rationalization, marketization, and globalization characterize the U.S. economy during the past 50 years, and how the behavior of companies and fate of American workers have changed during this process.
By Jayati Ghosh, Twenty-first century imperialism has changed its form. In the 19th century and the first half of the 20th century, it was explicitly related to colonial control; in the second half of the 20th century it relied on a combination of geopolitical and economic control deriving also from the clear dominance of the … More Globalization and the End of the Labor Aristocracy
How can unions help create a social movement to take on Wall Street’s economic and political dominance? That’s the question that the Communications Workers (CWA) are tackling with labor educator Les Leopold. The training program they’ve put together, based on his book Runaway Inequality: An Activist’s Guide to Economic Justice, has already reached hundreds … More LaborNotes: Building an Army to Fight Runaway Inequality
by Valerie Wilson & Janelle Jones Over the last several decades, black workers have been offering more to the economy and the labor market to incredibly disappointing results in pay and unemployment. Some have argued that the disparity in wages between blacks and white is the result of white workers working longer and harder than … More EPI: Low-wage African American workers have increased annual work hours most since 1979
From Monthly Review Press: If you’re lucky enough to be employed today in the United States, there’s about a one-in-ten chance that you’re in a labor union. And even if you’re part of that unionized 10 percent, chances are your union doesn’t carry much economic or political clout. But this was not always the case, … More New Book by James Young: Union Power – The United Electrical Workers in Erie, Pennsylvania
From University of Illinois Press: Against Labor highlights the tenacious efforts by employers to organize themselves as a class to contest labor. Ranging across a spectrum of understudied issues, essayists explore employer anti-labor strategies and offer incisive portraits of people and organizations that aggressively opposed unions. Other contributors examine the anti-labor movement against a backdrop … More New Book: Against Labor – How U.S. Employers Organized to Defeat Union Activism
by Nancy Folbre & Kristin Smith From the abstract: The uneven bargaining power of both firms and workers may be contributing to increased earnings inequality in the U.S. Econometric analysis of earnings from the 2015 Current Population Survey shows that the earnings of managers and professionals employed in care industries (health, education, and social services), … More Nancy Folbre & Kristin Smith on The Wages of Care: Bargaining Power, Earnings & Inequality