Recession linked to workers' rights

Posted by Chris Sturr | Filed under Uncategorized | Feb 20, 2008 | No Comments

Dean Baker, co-director of the Center for Economic and Policy Research, writes on the AFL-CIO website about the relationship between the current economic recession and the suppression of workers’ right to organize over the past three decades. As unions have been attacked, wages have stagnated, and economic growth has become increasingly driven by bubbles — the stock bubble in the 1990s and the housing bubble in the current decade. Baker calls for a return to wage-driven economic growth to pull us out of the recession and put us on a path toward long-term stability.

SocialTwist Tell-a-Friend

 

Leave a Reply

Name (required)

#OccupyBoston #OccupyWallStreet Alejandro Reuss Arjun Jayadev Arthur MacEwan ASSA austerity banking regulation Bank of America Boeing climate change David Graeber Dean Baker debt deficit deficits economics profession Egypt financial regulation foreclosures Gar Alperovitz Goldman Sachs Greece Hosni Mubarak inequality interest-rate swaps Jeannette Wicks-Lim John Miller Mark Engler Naked Capitalism Paul Krugman police brutality Polly Cleveland public-sector workers QE2 Rick Wolff Social Security taxes the Fed unemployment unions uprising Wikileaks William K. Black Wisconsin
UA-3370877-1