For the “typical” or median worker, declining unionization over the last four decades translates to a loss of $1.56 per hour worked, the equivalent of $3,250 for a full-time, full-year worker.
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Sachs' solution to this problem, and the larger issue of representational inequality, is to decouple the political and economic functions of a labor union, and change labor law to allow employees at a particular workplace to form "political unions."
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