Income Inequality, Corruption and Kamala

How the destruction of Labor in America made Kamala Harris possible.

There is a direct through-line from the destruction of trade unions in the US and the ascendance of private and corporate influence in US politics, resulting in the uniquely American candidate that is Kamala Harris.

The decline of Labor led to a redistribution of wealth and power

Below is a graph using data from Thomas Piketty that shows how union membership has always been directly linked to Labor’s share of the national income. Although I should not have to use a graph, as IT SHOULD BE OBVIOUS that when union membership is strong, workers get a larger % of the pie, and when unions are weak, the share taken by Management and shareholders goes up.

This EPI article further explains the phenomenon (as if it needed explaining).

SCREWED by SCOTUS

I am sure you have all seen this second graph below many times. I do not think that the empirical evidence is in dispute, everyone knows wages have been stagnant since the 1970’s. The question is more around the causality of the stagnation.