productivity rose 79 percent since 1979. wages rose 11 percent. the gap between those two lines is not empty space it is money that workers generated and never received.
S&P 500 companies spent 942 billion dollars on stock buybacks in 2024 alone. a record. the top 10 percent own nearly 90 percent of all stocks.
taft-hartley 1947 was written word for word from a national association of manufacturers manifesto. reagan fired 13,000 workers in 1981 as a deliberate signal to every corporation in america. the sec made stock buybacks legal in 1982 the same year.
three decisions. same direction. documented public record.
curious what this community thinks was the destruction of the american middle class deliberate or coincidental?
full documentary breaking down every mechanism: https://youtu.be/N0Hk4iGM85Q?is=eGCRFw6XRDywsrtb
Posted by Mysterious-Repeat-79
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We need the idea of One Big Union to come back into force.