Krugman’s blog, 3/14/16

Ooops!  What I had said was a blog post from 3/11 was actually from 3/14.  That’s what I get for sleeping late…  There were two posts on 3/14, and this is the second, “A Note on Globalization and Labor:”

This is mainly a data note to myself. But with trade becoming an issue in the election, I thought it might be useful to take on one myth: the supposedly necessary relationship between globalization and the decline of organized labor.

You hear this myth from both sides of the political spectrum — from conservatives asserting that unions became unsustainable in the modern economy, and from protectionists on the left arguing that free-trade agreements killed labor.

Background: I am very much in the camp that considers organized labor an essential force for equality, both because it gets higher wages for ordinary workers and because it’s a political counterweight to the power of organized money. So if globalization makes an effective union movement impossible, that’s a big problem.

But there’s some evidence close at hand that the link is far from necessary:


OECD

More on this when I get around to a longer piece.

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