New Score: Liberal Nihilism over Wages

March 6, 2015

I have a new Score column up: Why Are Liberals Resigned to Low Wages? It deals with the three key political institutions that are responsible for wages remaining low, both over the past generation and in the Great Recession. It also tries to understand “liberal nihilism”, or the weird glee that results when wages aren’t seen as also having an institutional component to them, and thus are no longer a political challenge.

Infographic showing three reasons wages stay low: lack of full employment, corporate structure prioritizing shareholders, and economic regulations affecting union membership, with illustrated characters and summary statistics.

I hope you check it out!