When it comes to wages, baseball’s billionaires give stadium workers peanuts. Yet since 2011, the teams’ average value has tripled — from $523 million ($680 million in today’s dollars) to $2.1 billion.
Steven Greenhouse, Harold Meyerson
The American Prospect
Will today’s unions invest big-time in the young workers now beginning to rebuild American labor? Or will they remain AWOL and ensure the movement’s continued decline?
Even among Marx-friendly economists, the labor theory of value has fallen out of favor. But its technical validity is less important than the core message: workers are exploited because the value they create is undemocratically taken by capitalists.
While W. E. B. Du Bois praised an expanding penitentiary system, T. Thomas Fortune called for investment in education and a multiracial, working-class movement.
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Major League Baseball is mired in a lockout, as team owners refuse to budge just weeks before Opening Day. It’s a perfect time to look back at when the players revolted against the owners and started their own league: the 1890 Players’ League.
Unions raise wages and benefits and increase job security. So, the fact that unionization rates are still in decline, despite some recent bright spots in worker militancy, is very bad news.
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