Raw Deal

Buchzusammenfassung

Steven Hill is a senior fellow at the New America Foundation. His writing has appeared in the New York Times, the Guardian and the Huffington Post, and his best-selling books include the widely acclaimed Europe’s Promise.

The nation faces a critical decision: embrace a modernized New Deal that prioritizes worker protections and economic stability or continue down the precarious path of the sharing economy, which exacerbates inequality and instability. Addressing systemic issues, such as the misuse of semi-independent contractors and the exploitation of government assistance programs by corporations, is essential to prevent further economic decline. Drawing inspiration from countries like Germany, the U.S. could adopt strategies that emphasize job security, fair wages, and shared sacrifices during downturns to avoid layoffs and foster economic resilience. The sharing economy, often celebrated as innovative, has revealed its darker side, with platforms like Airbnb and TaskRabbit exploiting workers and bypassing regulations, while companies like Uber manipulate legal loopholes to maximize profits at the expense of their workforce. Automation further threatens high-skilled jobs, while the erosion of labor protections and the rise of the 1099-economy leave many workers vulnerable, undermining the middle class and the broader economy. To ensure long-term stability, the U.S. must prioritize stable, well-paying jobs and robust worker protections.

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