Why Biden Must Confront Corporate Employers More Directly
onlabor
For global companies that have shifted production to Southeast Asia's low-cost manufacturing hub, greater cross-boarder labor coordination could mean less room for wage bargaining, a squeeze on profits and maybe even higher price tags on anything from shoes and clothing to cars and electronics appliances. But even as wages rise, labor activists are confident they aren't at risk of pricing themselves out of the market.
Inequality across much of Europe has widened, but it is still quite modest when compared with the vast income gap in the United States.The question is whether relative equity can hold as workplace institutions that for decades protected European employees’ standard of living give way to a more lightly regulated, American-style approach, where the government hardly interferes in the job market and organized labor has little say.
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