Chapter
Addressing Underpaid Workers in Corporations
39:27 - 50:50 (11:23)
Addressing the underpayment of workers in corporations such as Walmart and Amazon requires the creation of alternative workplaces. A federal job guarantee can help, giving everyone a job at a good wage, with decent benefits, and putting pressure on corporations to make structural changes.
Clips
The successful policy response to the pandemic was a Keynesian approach, but there is a risk of misunderstanding inflation.
39:27 - 43:31 (04:03)
Summary
The successful policy response to the pandemic was a Keynesian approach, but there is a risk of misunderstanding inflation. There is a difficult line between not throwing interest rates too high, which can put people into bankruptcy, and not using easy money.
ChapterAddressing Underpaid Workers in Corporations
EpisodeJon Referees an Economist Battle
PodcastThe Problem With Jon Stewart
By implementing a federal job guarantee, where everyone is able to access a job at a good wage with benefits, pressure can be applied to major corporations to make structural changes in their own workplace systems, halting the existence of underpaid work.
43:31 - 46:53 (03:21)
Summary
By implementing a federal job guarantee, where everyone is able to access a job at a good wage with benefits, pressure can be applied to major corporations to make structural changes in their own workplace systems, halting the existence of underpaid work.
ChapterAddressing Underpaid Workers in Corporations
EpisodeJon Referees an Economist Battle
PodcastThe Problem With Jon Stewart
The Biden administration's push on antitrust has been encouraging as it addresses the multifaceted problems that have led to the hollowing out of communities through trade deals, rigged tax laws, subpar labor laws, and environmental standards.
46:53 - 50:50 (03:57)
Summary
The Biden administration's push on antitrust has been encouraging as it addresses the multifaceted problems that have led to the hollowing out of communities through trade deals, rigged tax laws, subpar labor laws, and environmental standards. By encouraging a production-side alternative to big corporations, people can have more benefits and limited liability.