Page 2 - Great Compression News Today

They said it, we only quoted them. Here are some of the best things said in 2022.

A new book shows how corporate law firms bear great responsibility for the degradation of the rule of law.

More than 53 million Americans turned to food banks, food pantries and meal programs for help in 2021, one-third more than before the coronavirus outbreak.

A takedown of the pretenses of the professional managerial class.

The legacy of racism in both the United States and the United Kingdom has impacted the ability of Blacks and other ethnic groups to accumulate wealth.

Motorists zipping down State Road in Lancaster this week could be forgiven for thinking they’d passed through some kind of time warp back to the 1970s when they got to the Kellogg’s cereal factory and saw several dozen workers walking a picket line, hoisting large signs reading “On Strike” or

(Mario Tama / Getty) A dozen years ago, I visited the Chicago offices of the National Nurses Organizing Committee on the city’s West Side. Visible through a large window was a gigantic parking garage, an annex to one of the equally huge hospitals clustered within a dozen blocks. Cook County, Mount Sinai, and three other medical complexes employed tens of thousands of workers. Among those seeking to organize them was an African American NNOC staffer. Books in Review The Next Shift: The Fa...

Called the great compression, from the new deal through the late 1970s which saw the biggest expansion of the middle class. when unions set a floor under wages and government set a floor under want. instituting things like child labor laws, the 40-hour workweek and the minimum wage. when the notion that if you pay workers more, they can afford to buy more. and that means businesses make more and hire more. that did more to end poverty than anything ian rand thought up. repealing that government ...

Caucus when he harkined back to his father working in a coal mine and his kind of manufacturing. whats interesting is you hit deep ideological bedrock very quickly. the reason for that, on the left we hear that nostalgia all the time. thats an absolute common thing you hear on the left when you critique modern finance capitalism, it is to harkin back to the great compression as paul kremlin calls it. 1950s, 60s and 70s. good wage jobs, higher union density. that nostalgia is not unknown for prog...