The hottest Income Inequality Substack posts right now

Dartmouth basketball team is on its way to becoming the first unionized sports program in the country.
The United Auto Workers are making progress in organizing autoworkers at the Volkswagen plant in Tennessee.
Unionization efforts in the U.S., supported by Biden's National Labor Relations Board, are gaining momentum and support is increasing across various sectors.

The virtuous cycle of rising wages with productivity gains broke in the late 1970s, leading to stagnant incomes for most American workers.
Corporate governance shifted in the 1980s, with a focus on maximizing shareholder returns, leading to massive job cuts and weakened worker bargaining power.
Decline in union membership since the late 1970s has contributed to shrinking middle class as unions effectively negotiated better wages and benefits for workers.

Welfare states are not charity; they can lead to poverty traps
To create prosperity, we need pillars like property rights, scientific rationalism, modern capital markets, and effective communication systems
Redistribution of wealth to alleviate poverty can actually increase absolute poverty, impacting economic growth and overall wealth

Average wage growth has outpaced inflation since the pandemic.
Lower-wage workers have seen proportionally larger wage gains.
Real wage growth depends on the strength of the labor market and can be impacted by inflation and distribution.

Declaring all is well before chaos can be risky.
The security of institutions can mask underlying issues like inflation.
Economic stability claims can be contradicted by rising inequality and inflation.

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Corporate consolidation has increased, leading to inequality and concentrated power.
Progressive taxation is proposed as an alternative to antitrust action to limit corporate power.
Breaking up companies into smaller entities is suggested as a potential solution to address the issue of monopolies.

It's harder for writers to earn a living wage due to changes in the entertainment industry.
Writers are facing income inequality and challenges in winning labor actions.
Consumers can support writers by increasing awareness, providing food, and joining picket lines.