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Globalisation, technological change, and the move to flexible labour markets has channelled more and more income to rentiers - those owning financial, physical, or so-called intellectual property - while real wages stagnate.
Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the creation of more demand. But in terms of the actual production and exchange of real things it is not.
For years, leaders in Columbus have launched an ideological attack on the working men and women of Ohio and their ability to collectively bargain for good wages and safe workplace conditions. That's wrong, and it has to stop.
It's much easier for people to compare wages or identify bad employers or discuss bad labor practices in the Internet economy than it was in, say, a factory environment, where that stuff wasn't usually published or available.
The When Women Succeed, America Succeeds economic agenda will enable women to achieve greater economic security, raise wages for women and their families, and better allow working parents to support and care for their families.
The car provided Americans with an enviable standard of living. You could not get a steady job with high wages and health and retirement benefits working on the General Livestock Corporation assembly line putting udders on cows.
Most of the slaves, who were thus unconditionally freed, returned without any solicitation to their former masters, to serve them, at stated wages; as free men. The work, which they now did, was found to better done than before.
No one should be so naive as to think that wages among organized groups will not be increased, under pressure if necessary, to make up for increases in the cost-of-living, nor should anyone ordinarily object to such adjustments.
Everybody feels better about himself, his community, and his country if employers are paying workers well. Economics, though, teaches that if every employer is pressured to raise wages, some labor will be priced out of the market.
When you create an economy where you subsidize corporate profits through a welfare program and food stamps in order to keep wages low in some perverse pursuit of 'competiveness,' than you reap the fruits of the anger that you sow.
The fascists in most Latin American countries tell the people that the reason their wages will not buy as much in the way of goods is because of Yankee imperialism. The fascists in Latin America learn to speak and act like natives.
Trade is very good for the country. It's very good for the GDP. It's good for wages, but it doesn't mean it's always good for every business. So we should have trade assistance, which is about relocation, re-education, and training.
The fans pay our wages and I want to give back to the fans. I have been telling them for ages that I want big fights and they haven't believed me. They don't know the politics that go on behind the scenes through no fault of my own.
Higher productivity enables companies to increase sales without adding workers. Even if job markets tighten and wages rise, corporate profits can continue to climb as long as worker productivity is growing faster than overall wages.
We're told compassion comes not from generosity but from compliance. We're told kindness means raiding a man's hard-earned wages and sending them off to Washington so they - not you - may dole them out in courtesies and indulgences.
When labor migration is properly managed, it is a conduit for skills and wages to flow where they are most needed. It can, and must, be a triple-win, benefiting migrants and their families, their home country, and their destination.
There are 12 million illegal immigrants in this country - drawing welfare benefits, sending their children to public schools, and pushing down wages for American workers - but the problem extends well beyond amnesty and open borders.
Successive governments in the U.K. have worked to create a more flexible labour market, which also meant labour insecurity. They allowed wages to drop and non-wage benefits to shrivel, creating worse inequality than statistics reveal.
No sooner is the exploitation of the labourer by the manufacturer, so far, at an end, that he receives his wages in cash, than he is set upon by the other portions of the bourgeoisie, the landlord, the shopkeeper, the pawnbroker, etc.
During the thousands of years of monetary system, most workers have been paid just enough to make it necessary that they return to work, even when higher wages have been possible. How else can the wage-payer keep the workers coming back?
When working men and women have secure jobs with living wages and social protection, they can invest in the economy at levels which will increase demand and help overcome the twin challenges of ageing populations and economic stagnation.
During the 1960s, rising real wages for low-income and high-income workers, due in part to rapid economic growth and the spread of unionization, worked in tandem with expanding government support systems to improve Americans' well-being.
And with the money from your corn, from your rents, and from the issues of pleas in your courts, and from your stock, arrange the expenses of your kitchen and your wines and your wardrobe and the wages of servants, and subtract your stock.
I concluded that the trade agreements weren't working as promised, and was depreciating the wages and the manufacturing base, and the jobs of Americans, and that both needed to change, and Donald Trump was out there. So I went to his rally.
In individual industries where female labour pays an important role, any movement advocating better wages, shorter working hours, etc., would not be doomed from the start because of the attitude of those women workers who are not organized.
I'm from Africa, and I have to give something back to my community. You all know that I've been doing a lot of charity stuff without knocking at any door. I'm taking my own wages to do it, and I will keep doing it until the end of my career.
A four percent growth strategy means you fix a convoluted tax code. You get in and you change every aspect of regulations that are job killers. You get rid of Obamacare and replace it with something that doesn't suppress wages and kill jobs.
When businesses don't spend and invest, they don't hire and cannot offer better-paying jobs. Business investment and wages are two sides of the same mirror. If a company purchases five trucks rather than 10, there are five fewer trucking jobs.
I think lower wages have made men much less marriageable than they were before. It's not just like your job goes to hell. Your marriage goes to hell. You don't know your children anymore. Your children have a higher chance of being screwed up.
People with a lot of money aren't in the business of throwing it away, and those paying footballers' wages, organising parking spaces for dead sharks, and even, dare I say it, buying iPads, are doing it because, for them, it's worth the money.
America faces very real challenges. The climate crisis, inequality, stagnant wages, student debt - the list goes on. Rather than address these serious problems, Trump uses hate-filled rhetoric to divide America by race, religion, and ancestry.
It's hard to improve our schools. It's hard to redistribute wealth created by the concentration of technological and financial power or to increase middle-class wages. But it might be easier to lower middle-class costs by building more housing.
I've talked to several CEOs - from a recycling company in Indiana, a furniture company in Kentucky, a brewing company in Colorado, and more - who believe paying higher wages is both the right thing to do and part of a successful business model.
Exporting firms are more productive and pay higher wages than their domestically focused counterparts, especially in places like Sub-Saharan Africa. If firms manage to thrive in world markets, they tend to increase their productivity even more.
Workers who come to the U.S. see their wages and their standard of living boosted sharply simply by crossing the border. That's a good thing, and one of the best arguments for immigration reform, even if you'll rarely hear a politician make it.
Globalisation began what should be called the Great Convergence, creating a globalising labour market in which wages in emerging market economies slowly converge with wages in rich economies, generating a steady drop in real wages across Europe.
Republicans who controlled the government in the 1920s insisted that national prosperity depended on government protection of the rich, who they believed would plow their capital back into the economy to provide jobs and higher wages for workers.
I had watched for many years and seen how a few rich families held much of Argentina's wealth and power in their hands. So Peron and the government brought in an eight hour working day, sickness pay and fair wages to give poor workers a fair go .
Contrary to what those in power would like you to believe so that you'll give up your pension, cut your wages, and settle for the life your great-grandparents had, America is not broke. Not by a long shot. The country is awash in wealth and cash.
A world where wages no longer rise still needs consumers. Middle-class purchasing power has been maintained through loans, loans and more loans. The Calvinistic reflex that you have to work for your money has turned into a license for inequality.
Look for the enemies of Medicare, of higher minimum wages, of Social Security, of federal aid to education and there you will find the enemy of the Negro, the coalition of Dixiecrats and reactionary Republicans that seek to dominate the Congress.
The Tories have built a system defined by insecurity - from wages to job contracts to housing to the welfare state. If they want to understand why socialism - long dead, never coming back, or so they thought - has undergone a revival, this is why.
Decades of record immigration have produced lower wages and higher unemployment for our citizens, especially for African-American and Latino workers. We are going to have an immigration system that works, but one that works for the American people.
When taxpayers are subsidizing low wages, people should be aware of that. We're subsidizing an economy. We're not subsidizing people. They are doing a hard day's work. When we're not rewarding work actively, there's something wrong with the system.
It is Trump who plays with the tax code to pay no taxes; it is Trump whose Trump-brand products are made overseas by cheap labor; it is Trump who hires undocumented workers from Poland to work on his projects, then refuses to pay them minimum wages.
The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport.
Care work produces public goods, and should be supported in families by policies such as paid parental leave and caregiver tax credits, and by investments in good training and wages for caregiving, including early childhood education, in the market.
The youth of Taiwan not only have to face the harsh reality of low wages and high commodity and housing prices, but due to the lack of employment opportunities, many young people are forced to leave their home towns to search for jobs in the cities.
In New Classical theory, periods of declining employment - business cycle downturns - may be caused by an unexpected decline in aggregate demand, which leaves workers mistakenly holding out for nominal wages that exceed the new market-clearing level.
My primary mission as president will be to create more opportunity and more good jobs with rising wages right here in the United States. From my first day in office to my last, especially in places that for too long have been left out and left behind.