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SEIU's Andy Stern: "Something is Wrong With America" [VIDEO]

Posted by Adam Howard at 2:25 PM on June 18, 2007.


SEIU union boss Andy Stern sits down with Bill Moyers and discusses why "America's growing apart" economically.
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SEIU's Andy Stern tells Bill Moyers that while there's a lot of wealth right now in America there is serious problem with its "distribution." He fears that his union's workers and others from the working and middle classes are becoming more and more distanced from the super rich. Stern says his goal is to more Americans share in the prosperity. He talks about the modern value of unions and the problem with private equities. Click on the video to your right to see more.

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Tagged as: economics, labor, stern, moyers

Adam Howard is the editor of PEEK.


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What about normal progressive solutions?
Posted by: Earthian on Jun 18, 2007 4:22 PM   
Current rating: Not yet rated    [1 = poor; 5 = excellent]
The sad thing about this interview is that neither Moyers nor Stern appear to have looked at the normal, progressive solutions to worker problems in America. Just to take two: economic codetermination and balanced trade policy.

In the early 1990s Ralph Nader proposed to require a federal charter for all corporations that engage in interstate commerce. Then the rules for those corporations would include, in the charter, normal economic codetermination whereby one-half of corporate boards would be comprised of elected employee/union representatives. Germany has been doing that for decades and it is the direction the entire EU is going for making commercial organizations worker-friendly. This policy lets workers represent themselves in the board room. Who better to speak for them? In a company that had half its employees unionized, then half the employee reps on the board would be from the union. Simple and elegant.

Trade policy. Trade needs to be balanced so the US is required to balance trade by a revised international system. That way our workers don't get undermined by low wages with no environmental or human rights standards. This is easy to do by way of the rejected proposal by Keynes at Bretton Woods in 1944. Susan George wrote a great summary article about that recently in LeMonde. In this proposal, any nation that runs a trade deficit or trade surplus gets penalized by the way the system is structured. Had this been in place, we would not have dismantled our manufacturing industries to exploit the advantages of ultra-cheap labor abroad. Here is a link to the article:

http://mondediplo.com/2007/01/03economy

It would be nice to see such leaders as Moyers and Stern grasp such standard, and obvious structural solutions.

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