Benjamin Sachs and Sharon Block: When did labor law stop working?

Why would it take an Amazon worker, employed full time, more than a million years to earn what its CEO, Jeff Bezos now possesses? Why do the richest 400 Americans own more wealth than all African-American households combined? And how are these examples of extreme income inequality linked to the political disenfranchisement of the lower- and middle-income classes? The established “solutions” for restoring balance to economic and political power in the United States have been tax increases on the rich, on the one hand, and campaign-finance reform on the other. But in this episode, we’ll explore the idea that retooling labor laws for the modern economy may be the most effective way to address both these issues. Harvard Law School’s Kestnbaum professor of labor and industry Benjamin Sachs, together with Sharon Block, executive director of the school’s Labor and Worklife Program, explain.For more information about Harvard Magazine and this podcast, visit www.harvardmagazine.com/podcast and follow us on Twitter, Facebook, and Instagram.For a transcript of this episode, go to https://harvardmagazine.com/podcast/2020/benjamin-sachs-and-sharon-blockAsk a Harvard Professor is hosted by Jonathan Shaw and produced by Jacob Sweet. Our theme music was composed by Louis Weeks.