How Unions are Changing The Economy (WGA, UAW, and More)
Sep 26, 2023
auto_awesome
The podcast explores the historical significance of labor strikes in the US, including the Great Railroad Strike of 1877. It discusses the impact of legislation on workers' rights, shortcomings of current workplace laws, and ongoing strikes. The chapter also explores the recent surge in union activity and strikes in the US, the reasons behind it, and the impact on the economy. It emphasizes the benefits of unions for workers and the need for labor law reform to protect workers' rights in the changing economy.
The labor movement in the United States began in the late 19th century as a response to horrendous working conditions and negligible workers' rights, leading to significant worker revolts and federal intervention.
Recent strikes by the Writers Guild Association and the Auto Workers highlight the demands for better pay, shorter workweeks, and profit sharing, driven by a tight labor market and the need for labor law reform to protect workers' rights and safety.
Deep dives
History of Strikes
The podcast discusses the history of strikes, highlighting the labor movement in the late 19th and 20th centuries in the United States. It mentions examples like the Triangle Shirtwaist Factory fire and the Great Railroad Strike of 1877, which led to improved working conditions and workers' rights. It also mentions key acts like the Wagner Act of 1935 that granted workers the right to unionize.
Challenges and Pushbacks
The podcast explores the challenges and pushbacks faced by workers and unions. It discusses the anti-union measures implemented by President Reagan in the 1980s and the impact of court rulings and legislation that weakened unions and stripped workers of key protest tactics. It also mentions the introduction of right-to-work laws that ban mandatory union fees and the struggles faced by workers in various industries to establish unions.
Current Labor Market and Recent Strikes
The podcast highlights the current labor market and recent strikes. It mentions the increase in work stoppages, including the ongoing strikes by the Writers Guild Association and the Auto Workers. It discusses the demand for better pay, shorter workweeks, and profit sharing for workers, as well as the tight labor market that has emboldened workers to go on strike. The podcast also addresses the limitations of labor laws, the impact of automation, and the need for labor law reform and workplace support to protect workers' rights and safety.
Last month, large stoppages from strikes resulted in 4.1 million missed days of work, according to the Labor Department. That preliminary estimate was the biggest monthly total since August 2000.
- In the United States, the labor movement and the occurrence of strikes really began in the late 19th century. This was aa time of rapid industrialization (one could draw parallels to AI), horrendous working conditions, and negligible workers' rights.
- One of the earliest and most notable strikes was the Great Railroad Strike of 1877, precipitated by wage cuts and poor working conditions, which saw massive and widespread worker revolts which eventually led to federal intervention.
Notes: https://kylascan.notion.site/Writer-s...
Blog: https://kyla.substack.com
Linkedin: https://www.linkedin.com/in/kylascanlon/
TikTok: https://www.tiktok.com/@kylascan?
Twitter: https://twitter.com/kylascan
Instagram: https://www.instagram.com/kylascan/?h...
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me.
DISCLAIMER: This video does not provide investment or economic advice and is not professional advice (legal, accounting, tax). The owner of this content is not an investment advisor. Discussion of any securities, trading, or markets is incidental and solely for entertainment purposes. Nothing herein shall constitute a recommendation, investment advice, or an opinion on suitability. The information in this video is provided as of the date of its initial release. The owner of this video expressly disclaims all representations or warranties of accuracy. The owner of this video claims all intellectual property rights, including copyrights, of and related to, this video.
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode