Unions must expand beyond narrow bargaining to challenge those who hold wealth and power at the highest levels. Most unions are accustomed to bargaining with their direct employers, as they have done for decades. But the financialization of the economy has rendered that structure obsolete. In order to win for workers, unions need to take their demands directly to those who actually have the money and control. They can often be found on Wall Street.
The decision that Mr.Christie violated state law when he declined to make the full payment into the state’s pension system for public employees further complicates his hopes of reviving his presidential ambitions.
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