DYSPEPSIA GENERATION

We have seen the future, and it sucks.

The American Working Class Dilemma

1st September 2019

Joel Kotkin survey’s the scene.

For the past 125 years, Labor Day has been a time to celebrate the relevance, and political power, of the American working class. As recently as the 1990s, organized labor’s big day was an important milestone on the political calendar, particularly for Democrats..

But in recent decades, America’s working class has had precious little celebrate. In contrast to the conditions that prevailed in the aftermath of the Second World War, when the incomes of lower quintiles surged by roughly 40%, five times faster than the top echelon, during the past four decades, those in the bottom 80% have enjoyed no consistent gains. Meanwhile union membership — the key to working class political power — has plunged from 28% in 1954 to 11% today.

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