Decoder with Nilay Patel

Recode Decode: Why workers need to be part of the conversation about UBI and artificial intelligence

Sep 6, 2019
In this discussion, Steve Greenhouse, a former New York Times labor reporter and author of "Beaten Down, Worked Up," sheds light on the decline of worker power since World War II. He highlights how globalization and the gig economy threaten labor rights and fair compensation. The conversation dives into the issues of corporate accountability, like DoorDash's treatment of tips, and explores the urgent need for worker representation in discussions about Universal Basic Income and the challenges posed by AI and automation.
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ANECDOTE

Early Steel Industry Reporting

  • Kara Swisher and Steve Greenhouse discussed the decline of the US steel industry.
  • European tariffs on US farmers retaliated against US tariffs on European steel, mirroring current trade tensions.
INSIGHT

Manufacturing Decline

  • The decline in US manufacturing was a complex issue driven by multiple factors.
  • Imports, globalization, offshoring, and increased efficiency all played a role.
INSIGHT

Shareholder Focus

  • Corporations have shifted from prioritizing stakeholders to shareholders.
  • This shift, influenced by Milton Friedman's philosophy, contributed to layoffs and wage stagnation.
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