Productivity Up, Wages Stagnant—The Economic Reality Workers Face
Why does the economy feel great to some Americans and impossible to others? In this segment, we examine the growing divide between investment income and wage income—and why rising productivity no longer guarantees higher pay. Drawing on reporting from The American Prospect and research from the Economic Policy Institute, we explore how workers have become more productive while receiving a shrinking share of the wealth they create. We also revisit the remarkable story of the International Longshore and Warehouse Union, whose members turned automation into shared prosperity instead of mass…
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