Union Perspectives

Robots—Pensions—Organizing Labors must organize millions more union members. At this point labor is doing nothing, but running out the clock on the very existence of our power, which is the people. The combined union assets is at $35 billion, but the total assets by collectively bargained pension pensions is trillions of dollars, according to labor writer Hamilton Nolar. We also must rethink how we invest our pension money and who is using it for union pensions. We are discovering union pensions have been and are financing labor’s own destruction when used by union/labor busting corporations. Maybe our union pensions should be used like the Southern California Service Employees International Union Local 721, which is pushing for the establishment of a Los Angeles Public Bank, which provide lower cost for affordable housing and more work. What and how is labor to deal with robots? Robots are displacing workers and their wages? One way to counter this would be to tax robots just like a h...