By Kelly Mayhew
There’s been a lot of discussion of economic inequality recently in wake of Thomas Piketty’s Capital in the Twenty-First Century.
As many economists have observed, American workers are more educated and more productive than ever and are driving record profits for corporations while they’re seeing their wages stagnate or decline as the wealth accumulated by the top 1% of earners has skyrocketed. Robert Reich has been on a crusade to emphasize the historic importance of our current economic inequality crisis, and people like Paul Krugman have noted that we are living in “a new gilded age.”
Here in San Diego we are in the midst of seeing this writ large as the battle to raise the minimum wage rages on with a community-labor alliance advocating for the rights of low-wage workers while the city’s economic elite push back hard.