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anon23anon | 3 years ago

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bklyn11201|3 years ago

A few books to recommend here:

"The Condition of the Working Class in England" by Friedrich Engels, a firsthand account of the struggles and conditions faced by workers in industrial England.

"The Jungle" by Upton Sinclair, about the exploitative conditions in the meatpacking industry and helped lead to the passage of food safety laws.

"The Feminine Mystique" by Betty Friedan, detailing the struggles and discrimination faced by women in the workforce and paved the way for the feminist movement.

snapplebobapple|3 years ago

Anyone working anywhere from the beginning of time until at least world war 1 (but probably through world war 2) would strongly disagree with you about the all time low in workers rights. They also aren't really wrong to reduce workers rights, since they are pretty extravagant at the moment. Where they are completely wrong is in not also knee capping the labor market power large companies have now as well. That these large corps have so much labor market power is basically the only justification for unions, for example, and that's more of a two wrongs might make a right justification rather than ascribing any virtue to a union.

twh270|3 years ago

Worker's rights are "pretty extravagant"? I completely disagree. Work/life balance for most people/families is way out of whack, we are putting far too much of our physical and mental health into work and not enough into our families and ourselves.

Life should not be about working your knuckles and neurons down to nothing for 40 years just so that someone else can have a new yacht or bump their net worth 2x or 5x.

Clent|3 years ago

America has horrible worker rights.

You are clearly anti-union and anti-worker but seem to have this idea in your head that you're on their side. Please stop.

Kye|3 years ago

I'm having a hard time thinking of any worker right that could be described as extravagant.

soupfordummies|3 years ago

Wait, are you saying worker's rights are pretty extravagant right now?

sailfast|3 years ago

Most certainly not at an all time low. This article makes it clear that there is a lack of worker supply. As a result workers have a huge amount of leverage and have left for other better jobs.

RE Powell: for inflation to go down wages likely also have to fall and labor market needs to slow down a bit. This will obviously make it more of a hiring company market - but it won’t swing the pendulum all the way there by any means.

hgsgm|3 years ago

Powell's job is to fight inflation. Congress's job is to tax the rich and bust trusts.

Congress used its not-new decades-old authority to force a contract that 8 of the 12 unions already agreed to, to protect the larger economy (including most workers).

New unions are popping up at Starbucks and others. Wages are going up at the low-wage end of the workforce.

Is the tax rate on the ultra wealthy too low? Probably. But it's not "an all time low". The police aren't out killing workers like they did a century ago.