Do America’s Corporations Care How Much People Earn?
Not really:
Higher wages mean more consumer spending and more growth, but corporate America is focused, with increasing intensity, on driving wages further down. Important wage-stabilizing policies—minimum-wage laws and collective bargaining, among others—are under assault. Republican governors have declared war on unionized teachers, firefighters, and police officers—all solidly middle-class jobs. And they are looking to extend the reach of so-called “right-to-work” laws that strip private-sector workers of the ability to bargain for decent wages and benefits. Hostility to unions has become so intense that a simple proposal for workplaces to post information about the right to collectively bargain under federal law (as they already must do for minimum-wage, OSHA, and other worker protections) unleashed a torrential assault by the Chamber of Commerce.