The 5 Biggest Corporate Lies About Unions | Robert Reich

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Yes. This video so succinctly puts the lies in perspective.

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Plaster this everywhere. It’s clear and succinct.

👍︎︎ 1 👤︎︎ u/dictionary_hat_r4ck 📅︎︎ Sep 03 2019 đź—«︎ replies
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Wealthy corporations and their enablers have spread 5 big lies about unions in order to stop workers from organizing and to protect their own bottom-lines. Know the truth. Lie #1: Labor unions are bad for workers. Wrong. Unions are good for all workers -- even those who are not unionized. In the mid-1950s, when a third of all workers in the United States were unionized, wages grew in tandem with the economy. That’s because workers across America -- even those who were not unionized -- had significant power to demand and get better wages, hours, benefits, and working conditions. Since then, as union membership has declined, the middle class has shrunk as well. Lie #2: Unions hurt the economy. Wrong. When workers are unionized they can negotiate better wages, which in turn spreads the economic gains more evenly and strengthens the middle class. This creates a virtuous cycle: Wages increase, workers have more to spend in their communities, businesses thrive, and the economy grows. Since the the 1970s, the decline in unionization accounts for one-third of the increase in income inequality. Without unions, wealth becomes concentrated at the top and the gains don’t trickle down to workers. Lie #3: Labor unions are as powerful as big business. Wrong. Labor union membership in 2018 accounted for 10.5 percent of the American workforce, while large corporations account for almost three-quarters of the entire American economy. And when it comes to political power, it’s big business and small labor. In the 2018 midterms, labor unions contributed less than 70 million dollars to parties and candidates, while big corporations and their political action committees contributed 1.6 billion dollars. This enormous gulf between business and labor is a huge problem. It explains why most economic gains have been going to executives and shareholders rather than workers. But this doesn’t have to be the case. Lie #4: Most unionized workers are in industries like steel and auto manufacturing. Wrong again. Although industrial unions are still vitally important to workers, the largest part of the unionized workforce is workers in the professional and service sectors -- retail, restaurant, hotel, hospital, teachers--which comprise 59% of all workers represented by a union. And these workers benefit from being in a union. In 2018, unionized service workers earned a median wage of 802 dollars a week. Non-unionized service workers made on average, $261 less. That’s almost a third less. Lie #5: Most unionized workers are white, male, and middle-aged. Some unionized workers are, of course, but most newly-unionized workers are not. They're women, they're young, and a growing portion are black and brown. In fact, it’s through the power of unions that people who had been historically marginalized in the American economy because of their race, ethnicity, or gender are now gaining economic ground. In 2018, women who were in unions earned 21 percent more than non-unionized women. And African-Americans who were unionized earned nearly 20 percent more than African-Americans who were non-unionized. Don’t believe the corporate lies. Today’s unions are growing, expanding, and boosting the wages and economic prospects of those who need them most. They’re good for workers and good for America. What do you think? How can we change the narrative about labor unions in America? Let us know in the comments. If you found this video informative, please be sure to also watch our video on the “Importance of Labor Unions.” And, as always, please subscribe to our channel for more videos like this one.
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Channel: Robert Reich
Views: 131,216
Rating: undefined out of 5
Keywords: robertreich, economics, unions, labor day, robert reich, inequality media, robert reich inequality for all, secretary of labor, economy, politics, The 5 Biggest Corporate Lies About Unions, labor unions, corporate lies, America, democracy, workers of America, wage increase, American workforce, American economy, political power, unionized workers, working class, corporate, corporations
Id: UwwymqpS45c
Channel Id: undefined
Length: 4min 32sec (272 seconds)
Published: Mon Sep 02 2019
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