Rana Foroohar
Financial Times
The labour share of the overall economic pie is at a post-second world war low, which is an enormous problem in an economy that is 70 per cent dependent on consumer spending. The demise of the traditional union movement (which represents only 10.7 per cent of the American workforce today, half of what it was in the early 1980s), is one of the biggest contributors to that problem.
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