How To Improve The Treatment Of American Workers (Essay Sample)
1.Baker, Dean and Jared Bernstein. Getting Back to Full Employment. A Better Bargain for Working People. Washington, DC: Center for Economic and Policy Research, 2013.
2.Drum, Kevin (2013, May/June). Welcome, Robot Overlords. Please Don't Fire Us? Smart machines probably won't kill us all-but they'll definitely take our jobs, and sooner than you think. Mother Jones. Retrieved from https://www(dot)motherjones(dot)com/media/2013/05/robots-artificial-intelligence-jobs-automation/
3.Friedman, Milton. Capitalism and Freedom. Chicago: University of Chicago Press, 1962.
Kuttner, Robert (2008, January-February). The Squandering of America's Assets. Interview with Robert Kuttner. Challenge, 51(1), 78-90.
4.McCormack, Michael & Jeff Madrick (2018). We Can Have a High-Wage America. Challenge, 61(1), 19-41.
5.Anderson, F. H. Holzer, and J. Lane. 2005. Moving Up or Moving On: Who Advances in the Low-Wage Labor Market? New York: Russell Sage Foundation
Try to use these several sources, and essay to answer the questions in the document uploaded later.
Improving treatment of American workers
America is one of the leading continents in the world but still remains behind its peers in terms of salary growth and inequality. It has been a low wage economy since the 1970s. This is not due to the growing forces of globalization but instead due to poor policies implemented by America. America could change course by implementing better policies that would put it on the path towards a high-wage economy like the early times. This essay focuses on the reasons why workers are paid this low and ways to improve their treatment.
Michael McCormack and Jeff Madrick’s view on low wage America.
McCormack and Madrick (2018) see low wages in the United States as a result of factors such as social fragmentation, political uncertainty and lost economic output. America’s working class has been divided into groups based on income, academic level and discrimination along race, sex and national origin. Racial inequality has persisted which extends to jobs and wages of Americans. The Blacks and Latino continue to lag behind the Whites in their income. The middle-class white household’s wealth is thirteen times greater than the middle-class black household (McCormack and Madrick,2018) Women, especially those of color, face a large wage gap, as their occupations undermine their earnings.
Wages have not kept up with the growth of productivity (McCormack and Madrick, 2018). The output of work and compensation should increase at a similar rate. This has not been the case in America since the 1970s. The productivity gains have been captured by capital instead of labor. The government has also been pointed out to cause the low wage. After the post war, there was a steady increase in both wage and productivity, but since the government changed policies in the 1970s, this has changed.
The solution to the low wage society is implementing different policy choices. An agenda that is three pronged has been proposed by the high wage America project; full commitment to industrial policy and public investment, practical education and training programs, and raised labor standards and social supports (McCormack and Madrick, 2018). America should invest in areas such as infrastructure, alternative energy and smart manufacturing. Training people upskills them into new and better jobs. The government should also support labor organizations.
Employment apocalypse according to Drum
According to Drum (2013), he is plotting a warning to the mankind on certain dangers that will elapse in the near future due to introduction of robots. He states that eventually robots will take our jobs and do them better than humankind no matter what kind of a job one does. “I want to tell you straight off what this story is about: Sometime in the coming 40 years, artificial intelligence is going to take your job. I don’t care what your job is. If you dig ditches, a machine will dig them better. If you are a newspaper journalist, a robot will write your articles better. If you are a doctor, IBM’s Watson will no longer assist you in finding the right diagnosis from its database of mi
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