“It might be well at this point to dispose of an almost universally held fiction. That relationship exists between #wages and #productivity, that wages can increase only to the degree that productivity increases. This view is put forward by economists, by #management, by #government, and by #labor leaders …. The theory has one justification – pegging wage increases to increased productivity (speed up) justifies the contract deals by which labor leaders barter increased discipline over the workers for financial benefits. The alleged relationship between wages and productivity is false in theory and false in fact. Without massive struggles, workers wage increases, tend to fall behind gains in productivity. With massive struggles, wages rise far beyond what productivity gains would indicate.”
— George #Rawick The American Working Class (1973)
#history #union #unions #MayDay #economics