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Showing posts from March, 2012

United We're a Monopoly

When I think of the unequal distribution of gains in our economy over the last 30 years I wonder what it would take to reverse the trend. It seems that the solution would have to include reducing the inequality in influence between upper management and employees.

In the past, one way to level the playing field was through unions. In theory this should give employees the power to negotiate with management as equals and claim a bigger share of the proceeds. But personally I've always been a little wary of unions. Part of it is their early association with communist and socialist philosophy and ties to organized crime. And it sometimes appears that the union is just another large corporation with their hand in the till at the members expense. It may be that negative stereotypes have made it easier for corporations slowly reduce the unions power. For whatever reason, union membership is at historically low levels.
Even if unions were more successful there seems to be a bigger problem.…