Must-Read: Mark Thoma: To Overcome Rising Inequality, Workers Need More Bargaining Power

Must-Read: Mark Thoma: To Overcome Rising Inequality, Workers Need More Bargaining Power: “Many people confuse free markets with the textbook ideal of competitive markets…

Markets that are free from government intervention are also free to accumulate a significant amount of market power. Rising inequality has more than one cause, and solving the problem will require us to attack on several different fronts. A good place to start would be for the government to take a much firmer stand against the economic power that firms have in both the product and labor markets.

June 4, 2015

Connect with us!

Explore the Equitable Growth network of experts around the country and get answers to today's most pressing questions!

Get in Touch