June 10, 2012

Whether you believe the Republicans are engaging in purposely destructive fiscal behavior or are simply fiscally incompetent, it almost doesn’t matter. It most certainly is bad economic policy and that should be part of any national debate not only on who is to blame for the current economic mess, but also what steps should be taken to get out from underneath it.

But don’t hold your breath on that happening. Presidents get blamed for a bad economy; and certainly, Republicans are unlikely to take responsibility for the country’s economic woes. The obligation will be on Obama to make the case that it is the Republicans, not he, who is to blame – a difficult, but not impossible task.

More here.

June 8, 2012
theatlantic:

Who Killed American Unions?

Wisconsin Governor Scott Walker doesn’t like unions, and unions don’t like him. But the most remarkable thing about Walker’s relationship to labor isn’t that he thinks unions are worthless — most Republicans agree — but that he thinks about them, at all.
Today, unions have been swept into dusty corners of the U.S. workforce, such as Las Vegas casino cleaners and New York City hotel staff. For much of the 20th century, things were different. Almost every person living in the Northeast, Midwest and California “was in a union himself/herself, had a family member in a union, or, at least, had a friend or neighbor in a union,” Rich Yeleson, veteran in the labor movement, writes in The New Republic. The apogee of the unions was also the apogee of the middle class, when it commanded more than half of total income. As the union membership rate dropped, middle class share of income fell, too.
Union membership now bobs around 12 percent of the workforce. It has been this low before — 80 years ago. In 1900, just 7 percent of Americans were union members. So an elegant economic explanation of the fall of unions (not to diminish the good political explanations, but we’re an economic section) should also explain the rise of unions.
I found a good one in “The Rise and Fall of U.S. Unions,” by Emin M. Dinlersoz and Jeremy Greenwood. Boiled down to a sentence: Technological innovation gave life to the American union. Then technological innovation killed the American union.
Read more.

theatlantic:

Who Killed American Unions?

Wisconsin Governor Scott Walker doesn’t like unions, and unions don’t like him. But the most remarkable thing about Walker’s relationship to labor isn’t that he thinks unions are worthless — most Republicans agree — but that he thinks about them, at all.

Today, unions have been swept into dusty corners of the U.S. workforce, such as Las Vegas casino cleaners and New York City hotel staff. For much of the 20th century, things were different. Almost every person living in the Northeast, Midwest and California “was in a union himself/herself, had a family member in a union, or, at least, had a friend or neighbor in a union,” Rich Yeleson, veteran in the labor movement, writes in The New Republic. The apogee of the unions was also the apogee of the middle class, when it commanded more than half of total income. As the union membership rate dropped, middle class share of income fell, too.

Union membership now bobs around 12 percent of the workforce. It has been this low before — 80 years ago. In 1900, just 7 percent of Americans were union members. So an elegant economic explanation of the fall of unions (not to diminish the good political explanations, but we’re an economic section) should also explain the rise of unions.

I found a good one in “The Rise and Fall of U.S. Unions,” by Emin M. Dinlersoz and Jeremy Greenwood. Boiled down to a sentence: Technological innovation gave life to the American union. Then technological innovation killed the American union.

Read more.

May 3, 2010
"Inasmuch as the primary object of a government, beyond the mere repression of physical violence, is the making of rules which determine the property relations of members of society, the dominent classes whose rights are thus to be determined must perforce obtain from the government such rules as are consonant with the larger interests necessary to the continuance of their economic processes, or they must themselves control the organs of government."

— “An Economic Interpretation of the Constitution”, Charles Beard