Labor’s message to corporate America: Time to pay up ...Middle East

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Labor’s message to corporate America: Time to pay up
Here’s a tale of three Labor Days: In 1928, on the eve the worst economic depression in our nation’s history, economic inequality was at dangerous levels. The top 1 percent gobbled up 24 percent of income. Just 10 percent of workers had unions. By the mid-1970s, inequality was dramatically reduced, with more than half of the income of the super-rich shifting back to workers. The share of workers with unions reached 28 percent. But this Labor Day, America is nearly back to 1928, with the top 1 percent claiming 22 percent of income — and the percentage of workers in unions falling to 1928 levels, at 10 percent. The return to 1928 inequality levels did not happen by acciden

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