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The economic boom of the 1990s created huge wealth for the bosses, but benefited workers hardly at all. At the same time, the bosses were able to take the political initiative and even the moral high ground, while workers were often divided against each other. This new book by leading labor analyst Michael D. Yates seeks to explain how this happened, and what can be done about it.

Essential to both tasks is naming the system the system that ensures that those who do the work do not benefit from the wealth they produce. Yates draws on recent data to show that the growing inequality...

The economic boom of the 1990s created huge wealth for the bosses, but benefited workers hardly at all. At the same time, the bosses were able to take the political initiative and even the moral high ground, while workers were often divided against each other. This new book by leading labor analyst Michael D. Yates seeks to explain how this happened, and what can be done about it.

Essential to both tasks is naming the system the system that ensures that those who do the work do not benefit from the wealth they produce. Yates draws on recent data to show that the growing inequality...

In this new edition of Why Unions Matter, Michael D. Yates shows why unions still matter. Unions mean better pay, benefits, and working conditions for their members; they force employers to treat employees with dignity and respect; and at their best, they provide a way for workers to make society both more democratic and egalitarian. Yates uses simple language, clear data, and engaging examples to show why workers need unions, how unions are formed, how they operate, how collective bargaining works, the role of unions in politics, and what unions have done to bring workers together...

In early 2011, the nation was stunned to watch Wisconsin s state capitol in Madison come under sudden and unexpected occupation by union members and their allies. The protests to defend collective bargaining rights were militant and practically unheard of in this era of declining union power. Nearly forty years of neoliberalism and the most severe economic crisis since the Great Depression have battered the labor movement, and workers have been largely complacent in the face of stagnant wages, slashed benefits and services, widening unemployment, and growing inequality.

That is, until...

A growing inequality in income and wealth marks modern capitalism, and it negatively affects nearly every aspect of our lives, especially those of the working class. It is and will continue to be the central issue of politics in almost every nation on earth. In this book, the author explains inequality in clear, passionate, and intelligent prose: what it is, why it matters, how it affects us, what its underlying causes are, and what we might do about it. This book was written to encourage informed radical action by working people, the unemployed, and the poor, uniquely blending the author...

A growing inequality in income and wealth marks modern capitalism, and it negatively affects nearly every aspect of our lives, especially those of the working class. It is and will continue to be the central issue of politics in almost every nation on earth. In this book, the author explains inequality in clear, passionate, and intelligent prose: what it is, why it matters, how it affects us, what its underlying causes are, and what we might do about it. This book was written to encourage informed radical action by working people, the unemployed, and the poor, uniquely blending the author...

The aftermath of Hurricane Katrina exposed to the world what many U.S. politicians and pundits have long been able to ignore. The media images that commanded our attention spoke loudly of the class and racial divisions that still exist in the United States today. Despite the stock market gains of the 1990s, which increased the ranks of millionaires and created greater wealth for those already wealthy, U.S. society has witnessed a dramatic increase in class inequality over that last two decades. A host of newly available research indicates that the United States is afar more classbound...

In early 2011, the nation was stunned to watch Wisconsin s state capitol in Madison come under sudden and unexpected occupation by union members and their allies. The protests to defend collective bargaining rights were militant and practically unheard of in this era of declining union power. Nearly forty years of neoliberalism and the most severe economic crisis since the Great Depression have battered the labor movement, and workers have been largely complacent in the face of stagnant wages, slashed benefits and services, widening unemployment, and growing inequality.

That is, until...

The road trip is a staple of modern American literature. But nowhere in American literature, until now, has a left-wing economist hit the road, observing and interpreting the extraordinary range and spectacle of U.S. life, bringing out its conflicts and contradictions with humor and insight.

Disillusioned with academic life after thirty-two years teaching economics, Michael D. Yates took early retirement in 2001, with a pension account that had doubled during the dot.com frenzy of the late 1990s. He and his wife Karen sold their house, got rid of their belongings, and have moved...

The economic crisis has created a host of problems for working people: collapsing wages, lost jobs, ruined pensions, and the anxiety that comes with not knowing what tomorrow willbring. Compounding all this is a lack of reliable information that speaks to the realities of workers. Commentators and pundits seem more confused than anyone, and economists the so-called "experts" still cling to bankrupt ideologies that failed to predict the crisis and offer nothing to explain it.

In this short, clear, and concise book, Fred Magdoff and Michael D. Yates explain the nature of the economic...

Without parallel in sophistication of coverage for readers curious about labor, Rising from the Ashes? provides sharp analysis of the hottest issues being debated by labor scholars and activists.

Topics covered include the changing composition of the international working class, patterns of work under contemporary capitalism, the relationship of race and gender to class, the promise and limitations of recent eruptions of labor militancy, and the strategic options available to the labor movement today.