Driving Upward Economic Mobility — with Professor Raj Chetty | The Prof G Pod with Scott Galloway
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The Struggle for Fair Wages and Economic Equity
This chapter examines the negotiations between the United Auto Workers and automakers for a significant wage increase, highlighting the impact of CEO salaries and inflation. It discusses the implications of labor costs in the context of unionized versus non-union competitors, advocating for a higher federal minimum wage to restore balance between labor power and shareholder interests.
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