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October 28, 2026

Today in 1793
Eli Whitney submitted his patent for the cotton gin, an invention that reshaped American labor by accelerating the rise of the industrial factory system in the North and dramatically expanding the brutal plantation slavery system in the South. The fight to tame the conditions industrial labor wrought, in part, by the cotton gin, remains underway today.

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American Workers’ Piece of the Economic Pie is Shrinking
Posted On: Oct 28, 2026
Oct. 28, 2026 | ECONOMY | The US economy continues to grow at a relatively healthy pace, but American workers aren’t fully reaping the financial rewards. In fact, American workers’ piece of the economic pie is shrinking. By one official measure, their slice is the smallest in almost 80 years. …“It’s really telling you that workers have less and less power in this technology age and certainly in the AI age,” said Heather Long, chief economist at Navy Federal Credit Union. “The rewards, the financial gains, are mainly going to shareholders, to the owners of the capital and less and less to your typical W-2 worker.” CNN Business Related: "Even while the economy is growing, workers are getting a smaller and smaller share of the economic pie.” Mother Jones
 
 
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