What’s Left 5: Let’s Declare War on Economic Insecurity
•
Wages high enough to cover basic expenses are only the beginning of the Left’s struggle to eliminate economic insecurity. We must also fight for workers’ rights on the job as well as a robust and sturdy social safety net to protect people when they find themselves out of work. Americans suffer the worst worker benefits of major developed countries; we are tied with Botswana, Iran, Mexico, Pakistan. Our safety net also comes in dead last. For as long as anyone can remember, the balance of power between labor and management has been radically tilted in favor of capital. While nine out of ten workers are not organized, employers not only form cartels to set prices for labor, they enjoy outsized influence in Washington and state capitals through campaign contributions to politicians. Globalization has exacerbated this imbalance; an apparel company like Nike may manufacture goods in low-wage, anti-union countries like Vietnam or Indonesia and ship them to…
Read More