Open thread July 15, 2016 Dan Crawford | July 15, 2016 6:51 pm Tags: open thread Comments (6) | Digg Facebook Twitter |
Ha-Joon Chang: Economics Is For Everyone!
Most comprehensive economic animation you’ll ever see — notes at least 9 competing schools of thought for instance. Of course you wont see any mention of America’s greatest economic (and political) need: labor unions.
Larry Summers: Stronger unions must be part of the national agenda
The citizens’ through going hostility to unions and the general denial of global climate change are the two most glaring examples of the ways in which elites manufacture the “consent of the governed” through endless incredibly effective propaganda. The last thing on the minds’ of all those millions of the middle- and working-class folks who have fallen into the reactionary camp is the one thing they most need — collective bargaining.
One can only thank god — and I mean literally fall down on your knees and thank god a thousand times a day — that Trump’s interests are inimical to the elites’.
Part of the problem with giving labor a louder voice in Washington is that Trump and perhaps Pence are old school on labor policies and practices. Labor does need a much louder voice in Washington especially in regards new trade policies. But just to strengthen their collective bargaining voice in contracts only would be a fatal mistake for big labor. Any real economic gains must go hand in hand and be done collectively together with new trade deals for there to be any meaningful job creation, opportunity and real wealth redistribution to working families…In the past what was ever gained at the bargaining table was lost in bad trade agreements…
I don’t ask much. I just ask for the minimum we should have to do anyway — regardless of ultimate benefits or no benefits. I only ask that union busting be made a felony — albeit if only possible in progressive states (WA, OR, CA, NV, IL, NY, MD?) to begin with.
That would simply bring the consequences for labor market manipulation in step with the consequences for every other kind of market warping or muscling. Even taking a movie in the movies will get you a couple of federal years!
At least let people collectively bargain if they feel like it. Let them swing some organized political weight if they want to. It can be just a matter of freedom. For decades they have had less and less choice in the matter.
PS. Larry Summers is one of the few (maybe almost only) progressives who routinely talks out loud about rebuilding union density.
Trade agreements are badly overrated Ryan. Labor is dead, because labor is dying as a industrial tool. The economy is more creative than mechanical than in the past.