Friday, September 23, 2016

Union Vote

For some odd reason, a group of entertainment workers want improved wages and benefits.

By a vote of 43-20, employees of Deluxe Technicolor Digital Cinema tonight voted to join IATSE and its postproduction local the Motion Picture Editors Guild. This comes a year after postproduction technicians and artists at Deluxe’s Culver City unit on the Sony lot overwhelmingly jumped into the union game. ...

This particular further unionization of Deluxe employees comes after what sources tell me was a very heated campaign on both sides. ...

There's a lot of pushback right now from people who have to work for a living. When the standard of living slips year by year by year, folks working long hours in front of the flat screens commence taking action that will push the trend line in a different direction.

So why would this be happening in this best of all possible worlds? ...

... Over the past three decades, the share of household wealth owned by the top 0.1% has increased from 7% to 22%. For the bottom 90% of families, a combination of rising debt, the collapse of the value of their assets during the financial crisis, and stagnant real wages have led to the erosion of wealth.

The share of wealth owned by the top 0.1% is almost the same as the bottom 90%. ...

So this union vote? A small step to alter the maldistribution at the base of the pyramid.

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