You’re Paid What You’re Worth
A myth-busting book challenges the idea that we’re paid according to objective criteria and places power and social conflict at the heart of economic analysis.
Your pay depends on your productivity and occupation. If you earn roughly the same as others in your job, with the precise level determined by your performance, then you’re paid market value. And who can question something as objective and impersonal as the market? That, at least, is how many of us tend to think. But according to Jake Rosenfeld, we need to think again.
What Unions No Longer Do
From workers’ wages to presidential elections, labor unions once exerted tremendous clout in American life. In the immediate post–World War II era, one in three workers belonged to a union. The fraction now is close to one in ten, and just one in twenty in the private sector—the lowest in a century. The only thing big about Big Labor today is the scope of its problems. While many studies have attempted to explain the causes of this decline, What Unions No Longer Do lays bare the broad repercussions of labor’s collapse for the American economy and polity.