On inequality, wages and bargaining power matter
Government obsessions with keeping inflation low resulted in the relatively high unemployment rates of the 1980s and 1990s. And when unemployment is high, worker bargaining power is reduced.
Government obsessions with keeping inflation low resulted in the relatively high unemployment rates of the 1980s and 1990s. And when unemployment is high, worker bargaining power is reduced.
Balanced budgets sound appealing to many voters, but legislation to balance the books each and every year is poor economics.
It is simply not the case that younger Canadians are being heavily taxed or will be more heavily taxed down the road to pay for the modest public pensions of seniors.
We’ve seen effective campaigns around minimum wages and precarious work in the United States, sponsored in part by various unions.
Unions are democratic organizations that belong to their members. As such, they are an important voice in the democratic political process.
In a feature interview with Amanda Lang, host of CBC’s The Exchange with Amanda Lang, Broadbent Institute Chair Ed Broadbent spoke about inequality, politics, government, social democracy and more.
The Harry Kitchen Lecture in Public Policy was delivered by the Broadbent Institute’s Andrew Jackson, on April 8, 2015 to the Department of Economics at Trent University.
It is hardly surprising, in view of all these retrograde developments in the job market, that inequality is increasing.
Whenever we’re talking about labour market strategies and good jobs, it’s important to keep in mind that for some workers there are systemic barriers that need to be addressed.