Planet Money cover image

Summer School 2: The golden ages of labor and looms

Planet Money

00:00

Labor's Resurgence: The Economic Shift Post-Black Death

This chapter examines the historical economic dynamics between labor and ownership, particularly in the aftermath of the bubonic plague in 1347. It highlights how the drastic population decline empowered surviving workers, leading to better wages and improved working conditions, despite attempts by landowners to suppress this shift. The chapter draws parallels between past and contemporary labor markets, showcasing how crises can create opportunities for economic transformation.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app