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by naasking
1645 days ago
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> Perhaps more importantly, there could be a connection to tensions arising from neoliberal policies which were defended on rational arguments, while the economic fruits were reaped by an increasingly small fraction of societies The decline of collectivism and the rise of individualism following the near total destruction of unions and the labour movement? Sound like a pretty significant contributor to me. |
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That is what caused their membership rates to decline. They are now poised to take over the new bright spots of the US economy: Amazon and Tesla, and destroy these golden geese, for the short term benefit of their members, just as they did to the ones before them.
In the one sector where expenses are socialized, and thus which doesn't go bankrupt easily, they have gotten increasingly powerful.
Government social welfare spending has rapidly grown, at the behest of public sector unions who increasingly control the political system:
https://ourworldindata.org/grapher/social-spending-oecd-long...
A couple anecdotes illuminates the kind of power these unions wield:
New York has nearly 300,000 unionized public sector employees receiving over $100,000 a year:
https://archive.md/JnJQY
In California, emergency workers can retire at 55 with 90% of their pension, that averages $108,000 per year.
California now has $1 trillion in pension obligations for its unionized public sector workers.