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The American middle class has been in trouble for decades, but this was not obvious until the recession of 2008 because consumer purchases held up. How was that possible? The simple answer is that financiers devised ways to loan money that severed the link between profits and middle-class wellbeing.
Blog
Kevin T. Leicht
Paying workers more would lead to lower profits and layoffs for America's biggest corporations, right? Not necessarily. Critics of a minimum wage hike cite a commonly held belief that forcing low-paying employers such as Wal-Mart to boost compensation would lead to greater economic suffering. Higher
In the media
Aimee Pichee
At this point, it's hardly news that Walmart is a pioneer of modern union-busting. And the revelation that Walmart has illegally disciplined 80 workers since June -- including firing 20 -- for their involvement in union activity is no surprise.
Blog
David Callahan
Are people better off than they were before the recession?
Blog
Joseph Hines
Most research on rising economic inequality focuses on growing wage gaps between different groups of workers. But of course that is only part of the story. Just as important is the division of the national economic pie between profits going to capitalists and the “labor share” that includes all of
Blog
Tali Kristal
Walmart employees and their supporters have planned national protests today to demand an increase of their wages. Here is why the average American should support the workers’ demands.
Blog
Pamela Cataldo
After decades of seeing their incomes shrink, those at the bottom of the economic ladder are starting to band together and fight back — and it’s one of the most important economic stories of our time.
In the media
Joshua Holland
President Barack Obama wants workers to make more money. Walmart and other low-wage employers also want to make more money. They could both get what they want if the federal minimum wage goes up.
In the media
Jillian Berman
Fast food workers in over 50 cities across the nation are striking on Thursday in what organizers are touting as the largest ever strike to hit the industry. The workers are demanding $15 an hour and the right to unionize, continuing the calls and momentum of a series of strikes that first started
In the media
Andrea Germanos
U.S. society seems to have given up on school desegregation -- which has been intensifying.
Blog
David Callahan