Power to the workers? What historical trends suggest about newfound employee influence
August 10, 2022
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Highlights from the GZERO World with Ian Bremmer weekly television show.
During the initial stages of COVID, Americans responded to shortages of basic items by making them domestically.
That's a blip that'll likely end once the economy (really) goes back to normal, says economist and University of Chicago professor Austan Goolsbee.
"Why," he asks Ian Bremmer on GZERO World, "do we have a giant warehouse full of socks that we made here that we could buy on the open market for one third the price, and we could just have shipped here when we need them?"
The same can be said of workers having more bargaining power with corporations. Goolsbee believes that sooner or later employers will regain the upper hand, while remote work will come with strings attached.
Every week on GZERO World with Ian Bremmer, Ian explains the key global stories of the moment, sits down for an in-depth conversation with the newsmakers and thought leaders shaping our world.
Watch GZERO World on US public television and on GZERO's YouTube channel. GZERO WORLD with Ian Bremmer is a local public television program presented by THIRTEEN PBS.
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