THREAD—American unions have been decimated. No wonder inequality is booming, writes @greenhousenyt in his new book, "Beaten Down, Worked Up." theguardian.com/commentisfree/… epi.org/event/beaten-d…
@greenhousenyt "Congress hasn’t raised the minimum wage in a decade, the longest stretch without such an increase since the federal minimum wage was first enacted in 1938.
@greenhousenyt "One state legislature after another has passed right-to-work laws to undermine unions.
@greenhousenyt "Trump has taken numerous anti-worker actions: scrapping several worker safety rules, rolling back a regulation extending overtime pay to millions more workers and killing a rule that required Wall Street to act in the best interests of workers when overseeing their 401(k) plans.
@greenhousenyt "Trump has even nominated as labor secretary a lawyer who has spent decades fighting on behalf of corporations to weaken worker protections. forbes.com/sites/pedrodac… epi.org/blog/why-eugen…
@greenhousenyt "In my new book, Beaten Down, Worked Up: The Past, Present, and Future of American Labor, I explain that there is a little-understood, but profound reason why all these anti-worker actions are happening:
@greenhousenyt "America’s unions and workers have less power in policymaking and the workplace than they have in decades. Indeed, the percentage of workers in unions is at its lowest level in over a century – down to 10.5% from a peak of 35%. epi.org/resources/buil…
@greenhousenyt "All this helps explain why wages have stagnated for decades, income inequality has soared and corporations and billionaire donors have undue sway over our politics, policymaking and political appointments. epi.org/publication/ce…
@greenhousenyt "In the 2015–16 election cycle, business outspent unions 16-to-1 –$3.4bn to $213m – according to the nonpartisan Center for Responsive Politics.
@greenhousenyt "Each year all of the nation’s unions spend about $48m on lobbying in Washington, while corporate America spends more than $2.5bn – more than 50 times as much.
@greenhousenyt "This has made many in Congress far more attentive to corporations than to workers, thus the rush to cut corporate taxes, but the failure to increase the minimum wage.
"Each year, all of the nation's unions spend about $48m on lobbying in Washington, while corporate America spends more than $2.5bn.
"Something urgent needs to be done to give America’s workers more say in our politics so that their voices are not dwarfed by billionaires such as the Koch Brothers and Sheldon Adelson.
"How to do this? We should greatly expand public financing in political campaigns to amplify the voice of workers and non-affluent Americans. Under a New York City measure approved in 2018, campaign donations up to $250 are matched 8-to-1 in mayoral and city council races.
"Seattle has an innovative program, called Democracy Vouchers, that enables even low-wage workers to donate to campaigns. Voters are given four vouchers of $25 each that they can contribute to city council and mayoral candidates.
"Good ideas like these should be extended to presidential, Senate, and House campaigns. Early this year the House of Representatives approved a smart proposal to offset wealthy donors’ inordinate influence in House campaigns.
"If candidates agree not to accept donations of more than $1,000, every donation they receive up to $200 would be matched 6-to-1 by public funds.
"As for giving workers more voice in the workplace, probably the quickest, most surefire way would be to let workers elect members to corporate boards – Elizabeth Warren has proposed having workers elect 40% of board members."
"Whether it comes to freezing wages or moving operations to China or Mexico, American corporations often pay little heed to what’s best for workers. The picture is very different in Germany, where workers elect nearly half the directors of corporations’ supervisory boards.
"That’s a major reason German companies often embrace policies far friendlier to workers than do American companies: they invest far more in worker training and do far less offshoring than their American counterparts.
"Another important way to rebuild worker power would of course be to make it easier for workers to unionize. When America’s workers mount unionization drives, the playing field is usually tilted hugely in favor of corporations. epi.org/resources/buil…
"Managers have access to workers 24/7 and often show antiunion videos in lunchrooms and break rooms.
"They often require employees to attend meetings where high-priced consultants tell workers that unions are corrupt and only want their dues money and that companies have shuttered workplaces like theirs after unionizing." epi.org/files/uploads/…
"The corporate-friendly supreme court has ruled that employers’ property rights trump workers’ rights, but with things so skewed against unions and workers, Congress and the courts should adjust that balance."
"For the past four decades, America’s corporations and conservative politicians have often worked hand in hand to hobble labor unions. The result has been clear: reduced bargaining power and political power for workers overall.
"Turning that around won’t be easy, but it is vital we do so if we as a nation hope to reduce income inequality and create a fairer more democratic nation."

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More from @pdacosta

Jul 6, 2020
"Slavery was and is a pathology of economics." niesr.ac.uk/blog/economics…
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But on Friday, Heitzmann was cut loose again, hours before her shift was to begin.
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Jun 30, 2020
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"Their concept of race and human interaction was based on the 'racial' superiority of white, Anglo-Saxon Protestants. minneapolisfed.org/~/media/assets…
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Jun 28, 2020
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Boris Johnson’s physician calls Covid-19 'this generation’s polio’ as new evidence emerges of long-term effects bloomberg.com/news/articles/…
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Apr 20, 2020
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The Federal Reserve just made the problem of financial firms considered 'too big to fail' a whole lot bigger.
That's because the U.S. central bank has hired private equity giant BlackRock BLK, which manages some $7 trillion in assets, to run purchases of corporate bonds and commercial mortgages that are part of its response to the pandemic-led recession. nytimes.com/2020/03/27/bus…
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