- Jillian Berman reports on research showing that the predictable effect of decreased unionization is a transfer of wealth from workers to shareholders:
The jump in corporate profit over the past few decades can be explained largely by a decline in union membership over the same period, according to a study by Tali Kristal, a sociologist at the University of Haifa in Israel. The boost in companies’ bottom line comes at workers’ expense, Kristal wrote in an email to The Huffington Post.- Nora Loreto discusses the importance of including younger workers in the benefits of unionization - rather than conceding future losses to protect past gains. And Trish Hennessy offers some numbers on working women - including confirmation of the role of unions in pursuing pay equity.
“It’s a zero sum game: whatever is not going to workers, goes to corporations,” Kristal said. “Union decline not only increased wage gaps among workers, but also enabled capitalists to grab a larger slice of the national income pie at the expense of all workers, including the highly skilled.”
The findings, published Thursday in the American Sociological Review, add a new dimension to the debate over income inequality in the U.S., suggesting that policies aimed at boosting unions may help. Corporate profit soared to a record high share of the economy earlier this year, according to Bloomberg, while workers' wages have remained largely stagnant. The rise in profit comes as union membership has dropped to a record low.
- Thomas Walkom writes that the Cons' PMO-controlled slush fund looks to be the missing link connecting Clusterduff to the broader party apparatus. And as Colin Horgan points out, the Cons aren't helping their already-lacking credibility any through feeble attempts to deny the obvious facts about a fund - particularly after confirming them a day earlier.
- Finally, Adrienne Silnicki observes that funding health care is a matter of political choice - and that the governments who demand that we accept fewer services in the name of tax breaks for the wealthy be held to account for that readily-avoidable state of affairs.
[Edit: Fixed attribution, typo.]