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June 28, 2022

On This Day in 1935
Congress passes the National Labor Relations Act, creating the structure for collective bargaining in the United States.  ~ Labor Tribune

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Keeping Workers Poor Is Bad For Business
Updated On: Jun 23, 2022
June 23, 2022 | WAGES | CEOs at America’s biggest low-wage employers now take home, on average, 670 times what their typical workers make. But we don’t just get unfairness when a boss can grab more in a year than a worker could make in over six centuries. We get bungling and inefficient businesses. Management science has been clear on this point for generations, ever since the days of the late Peter Drucker. Management theorists credit Drucker, a refugee from Nazism in the 1930s, for laying down “the foundations of management as a scientific discipline.” Drucker’s classic 1946 study of General Motors established him as the nation’s foremost authority on corporate effectiveness. Nation of Change




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