Your graph implies a causal relationship between these two lines. But surely the reason the share of income going to the top 10% plunged in 1942 was the US entry into WW II. So are you implying that increased union membership caused the US entry into WW II?
-
-
there have been other wars since wwii (albeit none associated with as big a ramp up of industrial prod), is there a corresponding dip in the top 10% share during those other wars?
- Show replies
New conversation -
-
-
Also corporations in America have free use of the infrastructure that makes America paid and built by the working and middle classs
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
I think it should be obvious that at least one reason why Zuck (and people like him)are so disgustingly rich is because their workers don't have the ability to collectively bargain for higher wages and better working conditions, which means that Zuck can keep more profit.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Also if unions don't matter why do companies spend time and money crushing unions?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Software shouldn't be blamed for wealth disparity. Better to look at traditional sectors like education, manufacturing, etc for historical guidance on the why.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Oh shit is Facebook the whole economy?
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
We must rule that a decrease in worker bargaining power is not related to a decrease in worker earnings. There's probably another reason that doesn't make me, a rich person, look bad.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
If unions were stronger you wouldn't be able to get by with exploitative labor practices like you see at Uber, Mcdonalds, Walmart and more. It doesn't matter that the barrier to entry is lower, its that owner's barriers to scaling without having to fight unions is now lower.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
No,
@paulg. Zuckerberg's degree of wealth is due to monopoly power in a rigged system. He'd be wealthy regardless, but he bought up most of his competition, reducing employment options. Employees have to deal with him. Start up costs are sunk costs after the first profits.Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.