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The Hammer: Power, Inequality, and the Struggle for the Soul of Labor Highlight

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By April 2022, a Brookings Institute report found, the shareholders at twenty-two major American companies had gotten $1.5 trillion richer during the pandemic, while the workers at all those companies had only seen one-fiftieth of that amount in wage gains. The economic effect of the pandemic was not to mitigate the primacy of the investor class in our hierarchy, but to magnify it.

— Hamilton Nolan

Replicated under Fair Use from The Hammer: Power, Inequality, and the Struggle for the Soul of Labor by Hamilton Nolan.

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