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Sneak Peak: Why we need a 21st Century Labor Movement (Wilkinson & Pickett)

Upstream

Upstream

News, Society & Culture, Politics

4.92.1K Ratings

🗓️ 29 June 2016

⏱️ 5 minutes

🧾️ Download transcript

Summary

Inequality reduced dramatically from around the 1930s to the 1980s, when it suddenly started rising again to levels not seen for almost a hundred years. What happened? Richard Wilkinson and Kate Picket, authors of the influential book The Spirit Level, explain what happened and how worker-owned cooperatives can serve as a countervailing force to neoliberalism.

Transcript

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0:00.0

You're listening to an upstream sneak peak with Richard Wilkinson and Kate Pickett, co-authors of the spirit level. But But in a way the main thing is building a sort of social movement that's able to start to shift policy related to income differences. Basically you asked me

0:37.8

about politics earlier and in the end of the spirit level book. We do talk about ways of reducing income differences.

0:46.8

Basically two ways you can redistribute people's incomes through taxes and benefits.

0:54.0

That's rather the pattern of the Scandinavian countries.

0:57.4

But you can also start off with smaller differences in earnings.

1:02.2

And of course, one of the major reasons

1:04.2

why inequality has increased so much in many developed countries

1:08.5

is that the rich have run away from the rest of us,

1:11.2

you know, the bonus culture and those huge salaries at the top,

1:16.0

and that disease has spread downwards a little bit.

1:20.0

So, more inequality, and I think that it does take a large social movement to make a major difference and if you look at income differences in most of the developed world in the 20th century

1:33.0

The very high inequalities in the 1920s,

1:36.5

but in the 1930s they start coming down

1:39.4

in the United States under Roosevelt. but inequality has gone reducing almost continuously

1:47.2

until the 1970s and it's from about 1980 on that you get the modern rise of inequality with neoliberalism, Reagan and Thatcher.

1:59.0

But if you look at a marker of the sort of strengths of the social democratic movement, the strength of the

2:05.9

labor movement or what I call the countervailing voice in society, trade union membership

2:11.6

as a proportion of the labor force.

2:14.0

You find it's exactly the opposite of that U-shaped distribution of inequality during the 20th century.

2:21.0

Inequality comes down when the labour movement is becoming stronger and inequality rises again when the labour movement gets weaker.

2:30.0

And that's a very strong relationship and you see it in lots of different countries.

2:35.0

And it tells us something about the scale of movement we need to really shift to a different kind of society that we have to do not just for the sake of inequality,

...

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