[lbo-talk] The compensation-productivity gap: a visual essay Susan Fleck, John Glaser, and Shawn Sprague

[Alan Rudy]

Charts 5. and 10. are pretty interesting.
While labor's share of all non-farm business sector output doesn't really
start to fall markedly until the age of neoliberal globalization (1978
onward), labors share of manufacturing sector output starts to decline
precipitously a decade earlier.
Other than that, pretty much every graph indicates major shifts pretty much
all occur just prior to, during or immediately following the Reagan
recession of 81-82.

On Mon, Feb 7, 2011 at 10:59 PM, Mike Ballard <swillsqueal at yahoo.com.au>wrote:


> Among other things left unsaid in this essay, I think these graphs at least
> show how the historical weakening of the working class movement e.g. union
> levels and militancy, has resulted in a greater rate of exploitation by the
> capitalist class.  Real wages seemed to have been maintained at a certain
> (hrumfph) level share of output/productivity. Check the years, 1947-2010. As
> union power declined, so did the workers' share of the product of their
> collective labour.
>
> http://www.bls.gov/opub/mlr/2011/01/art3full.pdf
>
> For the works!
> Mike B)
>
>
> ***********************************************************************
> Equal political power between men and women. Abolition of wage-labour and
> commodity production with distribution of goods and services based on useful
> labour time.  Grassroots democracy.
> http://wobblytimes.blogspot.com/
>
>
>
>
> ___________________________________
> http://mailman.lbo-talk.org/mailman/listinfo/lbo-talk
>

-- 
*********************************************************
Alan P. Rudy
Dept. Sociology, Anthropology and Social Work
Central Michigan University
124 Anspach Hall
Mt Pleasant, MI 48858
517-881-6319