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The good news, however, is that low-wage workers have experienced real-wage growth over the past three years, and the wealth of the bottom 50% has slightly increased. Crucially, there has been a resurgence in labor action, with more than 460,000 workers going on strike in 2023 – the second-highest number since 1986. Striking autoworkers, UPS drivers, and Hollywood screenwriters have scored major victories over the past year, showing that progress is possible.

I have my doubts about this one. It only increased if you understate the real rate of inflation.

Escaping the new Gilded Age may be a more daunting challenge than escaping the original one was. But, as workers, regulators, and organizers are showing, the fight against inequality can be won.

The political system is far more corrupt than this author gives credit, but I linked as I think his heart is in the right place.