Other countries finally starting to pull out of the rubble of ww2.
The massive influx of the baby boomers into the workforce devaluing labor. Couple this with boomer women demanding jobs instead of being house wives, further adding to supply of available labor.
Come 1980 we add in trickle down economics which encourages the hoarding of wealth.
Then there’s computerization, automation and globalization that have been rapidly bringing up per capital productivity. Weirdly this devalues labor, because you need fewer people.
That’s just off the top of my head.
Unions are important and can be a force for good, but the data doesn’t fully support the claim.
Simple solutions to complex problems are usually being sold as a way to manipulate people… Don’t buy in to simple solutions.
It was around the 70s that the key shift likely happened. This is where productivity (I think measured in money) continued to grow while wages stagnated. So showing some time before this would be beneficial.
The chart also only plots union membership from 1973. Given the US’ history of unions, I think it would be far more interesting to go back to 1900, in particular to track membership numbers across events like the Battle of Blair Mountain 1921.
In general this graph seems to show a nice correlation but really doesn’t dig in enough to say anything meaningful.
Looks like turnaround was in the 1950s, start of the cold war and the rise of anticommunism as organizing principle domestically as well as abroad, combined with free trade policies that let us exploit foreign workers- by suppressing their own unions with tactics that to put it mildly wouldn’t fly in the United States (aka imperialism)
IDK let’s see.
Other countries finally starting to pull out of the rubble of ww2.
The massive influx of the baby boomers into the workforce devaluing labor. Couple this with boomer women demanding jobs instead of being house wives, further adding to supply of available labor.
Come 1980 we add in trickle down economics which encourages the hoarding of wealth.
Then there’s computerization, automation and globalization that have been rapidly bringing up per capital productivity. Weirdly this devalues labor, because you need fewer people.
That’s just off the top of my head.
Unions are important and can be a force for good, but the data doesn’t fully support the claim.
Simple solutions to complex problems are usually being sold as a way to manipulate people… Don’t buy in to simple solutions.
It was around the 70s that the key shift likely happened. This is where productivity (I think measured in money) continued to grow while wages stagnated. So showing some time before this would be beneficial.
The chart also only plots union membership from 1973. Given the US’ history of unions, I think it would be far more interesting to go back to 1900, in particular to track membership numbers across events like the Battle of Blair Mountain 1921.
In general this graph seems to show a nice correlation but really doesn’t dig in enough to say anything meaningful.
Looks like turnaround was in the 1950s, start of the cold war and the rise of anticommunism as organizing principle domestically as well as abroad, combined with free trade policies that let us exploit foreign workers- by suppressing their own unions with tactics that to put it mildly wouldn’t fly in the United States (aka imperialism)
https://www.epi.org/publication/unions-decline-inequality-rises/