Last week, 30,000 summer interns descended on Washington, D.C., to toil for tiny wages in policy shops, think tanks, the White House and, yes, labor unions. Despite the sweat, for many it’s a rewarding experience, helping them develop the skills and street smarts needed for success in life and career. Countless union and civic leaders, and even members of Congress, …
Challenging Operation Vulture in Ukraine by MICHAEL HUDSON
Ukraine’s collapse since the February 2014 coup has become an umbrella for grabitization. Collateral damage in this free-for-all has been labor. Many workers are simply not getting paid, and what actually is being paid is often illegally low. Employers are taking whatever money is in their business accounts and squirreling it away – preferably abroad, or at least in foreign currency. Wage …
Let’s Get Progressives to Make Better Emotional Connections When They Organize – Michael Bader
As progressives, we have a huge job in front of us in the fight for economic justice. But our leaders are trying to do their work with one hand tied behind their backs. The better ones may often do quite well fighting with one hand; many cannot. The problem and solution are more obvious than they think: People become active …
Strikes Grow in China as Grassroots Labor Movement Takes Shape
As the economic landscape in China continues to shift, an awakening working class is demanding fair treatment and higher wages—and the movement is picking up steam. The Associated Press on Monday highlighted the emerging resistance to workplace exploitation and authoritarian government policies that has steadily grown over the past four years, with numbers of strikers doubling annually since 2011 until they reached more than …
IMF: Weaker Unions = Higher CEO Pay
As labor unions have declined in most countries around the world, CEO paychecks have ballooned. And that’s not just a coincidence, according to new research from the International Monetary Fund. In the latest issue of the IMF’s Finance & Development journal, researchers Florence Jaumotte and Carolina Osorio Buitron give a preview of their forthcoming study on the links between unionization rates and …
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