This is why the richest have been trying to kill America’s labor movement

[Starry Messenger]

http://www.eclectablog.com/2015/05/this-is-why-the-richest-have-been-trying-to-kill-americas-labor-unions.html

“The future of labor is the future of America,” labor leader John Lewis said, during the Great Depression.

And for a long time, you had to squint to see that future because it’s so bright. America capitalized on its enormous advantages after World War II with unprecedented growth that was — thanks to the labor movement — widely shared.

<snip>

Some have argued that this is a mystic inevitability that is in no way connected to corporate America focusing its enormous power and wealth on an agenda of cutting taxes for the rich and deregulating industry. It’s just a coincidence that the massive divergence of wealth to the richest as we had a “40-year slump for workers” just happened to trace the systemic effort to undermine America’s labor unions.

Well, a new study shows that that about half the increase in global inequality looks to be a direct result of the war on labor.

A new study from the International Monetary Fund’s Florence Jaumotte and Carolina Osorio Buitron finds “strong evidence that lower unionization is associated with an increase in top income shares in advanced economies during the period 1980–2010.”

<snip>

[jwirr]

1. If the IMF knows this are they going to change their policies to reflect the truth? I am thinking

of Naomi Klein's book The Shock Doctrine. She pretty much implicates them and the World Bank in the fight against the labor unions in South America.

[Starry Messenger]

2. I don't know.

The article transitions to the domestic results of union-busting. The IMF study was just one source referenced.

I'd find it difficult to believe that the IMF would reform itself though, since it does have a vicious record of abuses, as you noted.

[jwirr]

3. They won't for two reasons. Once again we are working with banks and they only think of money.

The other reason is that they are still using the disaster capital ideas of Milton Friedman even though they have never worked anywhere. It is really hard to believe that these organizations are a part of the UN.