![]() ![]() At the same time, worker bargaining power has declined as fewer workers are unionized, and technologies have made outsourcing easy, allowing corporations to get the labor they need for cheap. The huge rise in corporate bargaining power is the result of corporations monopolizing their markets - becoming so dominant that workers and consumers have fewer options, and have to accept the wages and prices these giant corporations offer. The reason corporate profits are a bigger share of the economy today than they’ve been in 75 years has a lot to do with the increasing bargaining power of corporations and the decreasing bargaining power of workers.īargaining power for one side grows when the other side has fewer alternatives, and shrinks when the other side has many alternatives. Why are corporate profits so high while most workers’ pay is so low? It all comes down to power: who has it, and who doesn’t. How Wealth Inequality Spiraled Out of Control.Why the Filibuster is Unconstitutional | Robert Reich.Can Congress Really Use Insider Information to Trade Stocks? | Robert Reich.How America Got Obsessed With The Deficit.The Oligarchy's Ultimate Political Weapon.Politics are Polarized, But Not for the Reason You Think.Socialism for the Rich, Harsh Capitalism for the Rest.The Real Reason the Economy Might Collapse.The System: Who Rigged It, How We Fix It.How Democrats Clean Up the Messes Left by Republicans.The Real Story Behind Skyrocketing Student Debt.How Do We Abolish the Electoral College?.Does Trickle-Down Economics Actually Work?.How Corporations Crush the Working Class.The Big Picture: How We Got Into This Mess, And How We Get Out of It.This One Thing Would Increase Wages By $300 Billion.The Hidden Costs of Denying Paid Sick Leave.The Little Secret About Corporate Profits.This One Thing Made Alex Jones Stop Lying.How the Corporate Takeover of American Politics Began.Debunking “No One Wants To Work Anymore”.The Truth Behind “Self-Made” Billionaires. ![]()
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