Organizing a union is no easy task in the United States. Although organizing a union is supposed to be a protected right, businesses regularly fire union supporters knowing that they face minimal punishment even if found guilty for their actions. In fact, the rights of all workers, regardless of their interest in unionization, are being […]
Dominant corporations have dramatically increased their market power in the U.S. over the last decades, allowing them to boost their profits and, by extension, political power. And, although rarely acknowledged by the media, this trend owes much to the way public policy has promoted corporate intellectual property rights at the public expense.
The health-care industry overtook the retail sector as the nation’s largest employer in December, giving local economies and their workers a stake in the industry’s growth. Health jobs surpassed manufacturing jobs in 2008.
China’s growth rate remains impressive, even if on the decline. The country’s continuing economic gains owe much to the Chinese state’s (1) still considerable ability to direct the activity of critical economic enterprises and sectors such as finance, (2) commitment to policies of economic expansion, and (3) flexibility in economic strategy.
Strikes continue to be an effective way for teachers to improve their living and working (and by extension student learning) conditions. And, polls show that a strong majority of parents continue to support them. Popular support for teacher strikes remains strong The education pollster PDK recently asked adults what they thought about teacher salaries and […]
There is a lot of celebrating going on in mainstream policy circles. The economy is said to be running at full steam with the unemployment rate now below 4 percent.
The 21st Century has not been a good one for most working people in the United States. In fact, for most of this century, real median household income has been below its starting value in January 2000.
A recession is coming, sooner or later. Once it hits, we can expect articles bemoaning the fact that working people didn’t build-up their savings during this record expansion to help them through the hard times. If only they had pinched pennies here and there, skipped a new TV or smart phone, they could have generated […]
Republicans and Democrats like to claim that they are on opposite sides of important issues. Of course, depending on which way the wind blows, they sometimes change sides, like over support for free trade and federal deficits. Tragically, however, there is no division when it comes to militarism.
Public awareness and acceptance of the negative consequences of corporate-driven globalization on U.S. workers has grown dramatically over the last years, aided in part by Donald Trump’s attacks on trade agreements like NAFTA.
In most states in the United States, the rich have enjoyed ever lower rates of taxation while working people have suffered from inadequately funded public services.
A recent article published in the American Economic Review, “Global Inequality Dynamics: New Findings from WID.world,” draws upon the World Wealth and Income Database to examine trends in global inequality.
The Chinese economy is big. In 2017, it was the world’s biggest based on purchasing power parity. Its output equaled $23.12 trillion, compared with $19.9 trillion for the EU and $19.3 trillion for the U.S.
These are supposed to be the good times—with our current economic expansion poised to set a record as the longest in U.S. history.
In December 2017 the Congress approved and the President signed into law the Tax Cuts and Jobs Act.
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