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by akafred 2727 days ago
There needs to be a balance between the powers of employers, employees and government (as a regulator and moderator between the other two parties). I think any reasonable comparison of this power balance between the US and other successful democracies would show that employers have more power in the US than most places.

I believe the US system of political clientelism has been especially unfavorable for US workers since the mid-nineties. Globalization has taken away their bargaining power, and politics have been taken over by business interests.

I think this shift in the power structure is the major reason for the continued worsening of inequality-measures (e.g GINI-coefficient) in the US, to a level now only comparable to third world and less democratic countries.