The Decline of the Strike

Via Matt Stoller’s Twitter feed:

Of course ups and downs in the volume of strikes can mean more than one thing. The strike spike in the 70s seems to me to have been driven primarily by real negative shocks to the economy that forced capital and labor to re-divide the surplus. Either way, the point is that significant labor action hasn’t been an important part of the experience of most people my age. But of course personal experience will vary in this regard—my dad’s been on strike twice in my lifetime.