Coming February 6, 2024 . . .
MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
Pre-order at Barnes & Noble / Amazon / Books-A-Million / Bookshop
Coming February 6, 2024 . . . MURDER, POLITICS, AND THE END OF THE JAZZ AGE by Michael Wolraich Pre-order at Barnes & Noble / Amazon / Books-A-Million / Bookshop |
Inequality may be the greatest economic challenge of our generation. Yet despite extensive academic debate, there is still no consensus as to its causes. Earlier this year, Tyler Cowen sparked a debate on the subject with his book “Average is Over,” in which he argues that inequality is driven by new developments in technology that give some workers who can capably use the technology a wage premium over those who can’t.
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Now, Lawrence Mishel, Heidi Shierholz and John Schmitt have released a new study that questions SBTC as an explanation for increasing wage inequality. Mishel et al. argue that “job polarization,” the premise that more jobs have been created in low-wage sectors and high-wage sectors, thus driving wage inequality, doesn’t actually explain the problem.
Comments
Well, no shit. Anybody who was around when the Big Dogs decided we don't need no manufacturing could have seen it coming.
So now what?
by Ramona on Tue, 12/03/2013 - 7:11am
From the article:
Right. That's what *should* happen. But we've been living in a country that has been leading up to this mess since the Reagan years and with easy, untraceable money fueling politics, as it does so efficiently and effectively today, it only gets worse.
They don't have to "crush workers" or "destroy the environment in the pursuit of profits", but they do. Because they want to. And so far nobody has the strength to stop them.
Workers can't exercise political power without unions or something equivalent behind them. They could do it at the voting booth, but they don't. So what I take away from this article is "If wishes were horses. . ."
by Ramona on Tue, 12/03/2013 - 7:33am
Yes. And this:
http://www.washingtonpost.com/blogs/wonkblog/wp/2013/12/02/the-u-s-econo...
And the Princeton study:
http://www.princeton.edu/~mwatson/papers/Presidents_Blinder_Watson_Nov20...
by tmccarthy0 on Tue, 12/03/2013 - 9:06am
Thanks for both of them, TMac. It does seem obvious that the country as a whole does better under Democrats. I keep hearing about how the Dems are lousy at selling themselves, but with our philosophy being so much closer to the intentions of our founders, why the hell should we have to do any selling?
It's money that moves us and until we come to terms with who should hold the power, and after that, how the power should be used, we'll never get out of this.
by Ramona on Tue, 12/03/2013 - 9:33am