How the American Economy Conspires to Keep Wages Down

The economy is growing but our paychecks are not. That’s because employers have, over decades, built a political apparatus to hold down pay

Expanding economy, stagnant wages: ‘To call it a conspiracy would be only slight embellishment.’ Illustration: Mark Long

By Gabriel Winant

When unemployment goes down, wages are supposed to go up. That’s just supply and demand. Quite…

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