Power at Work.

LECTURE

Module 3, Lesson 3.0: Power at Work Introduction

{youtube}https://youtu.be/zeZqDpyPn8M{/youtube}     Professor Ghilarducci introduces Module 3: Power at Work. 

LECTURE

Module 3, Lesson 3.1: Basic Sources of Power in the Labor Market (Part 1)

{youtube}https://youtu.be/guH-jHkwMrM{/youtube}     In this first lesson of Module 3, Professor Ghilarducci defines power and its impact on workers, employers, and the reservation wage. In an interview with Liz Shuler, the President of the American Federation of Labor and Congress of Industrial Organization (AFL-CIO) she discsusses worker bargaining power and the role of unions. By the end of this video (1/2), learners will be able to: Describe why labor force participation...

LECTURE

Module 3, Lesson 3.1: Basic Sources of Power in the Labor Market (Part 2)

{youtube}https://youtu.be/YTwbcQart-s{/youtube}   In this first lesson of Module 3, Professor Ghilarducci defines power and its impact on workers, employers, and the reservation wage. In an interview with Liz Shuler, the President of the American Federation of Labor and Congress of Industrial Organization (AFL-CIO) she discsusses worker bargaining power and the role of unions. By the end of this video (2/2), learners will be able to: Describe why labor force participation depends on...

LECTURE

Module 3, Lesson 3.2: How to Ask for a Raise with and Without a Union

{youtube}https://youtu.be/fCfMkA5iZGk{/youtube}   In this second lesson of Module 3, Professor Ghilarducci discusses the relationship between labor and product or service demand and bargaining power. By the end of this video (1/1), learners will be able to: Describe the relationship between demand for labor and demand for a product or service. Characterize the bargaining power of the worker relative to their opponents.

LECTURE

Module 3, Lesson 3.3: How Government Affects Worker Bargaining Power

{youtube}https://youtu.be/N07vQsFes0U{/youtube}   In this third lesson for Module 3, Professor Ghilarducci examines the indicators of worker’s bargaining power and how government policies affect bargaining power. By the end of this video (1/1), learners will be able to: Describe how government income support raises the bargaining power for workers. Explain the difficulty of organizing a union without legal protection.

LECTURE

Module 3, Lesson 3.4: Corporate Power (Part 1)

{youtube}https://youtu.be/ZYLlEntwJBk{/youtube}   In this fourth lesson of Module 3, Professor Ghilarducci explores monopolies and oligopolies and how they impact workers and corporate competition. She reviews the characteristics that differentiate market structures, identifies four types of market structures, and dives deeper into pure or perfect competition, monopolistic competition, oligopolies, and pure monopolies. By the end of this video (1/2), learners will be able to: Define...

LECTURE

Module 3, Lesson 3.4: Corporate Power (Part 2)

{youtube}https://youtu.be/VRasGKHFLrw{/youtube}     In this fourth lesson of Module 3, Professor Ghilarducci explores monopolies and oligopolies and how they impact workers and corporate competition. She reviews the characteristics that differentiate market structures, identifies four types of market structures, and dives deeper into pure or perfect competition, monopolistic competition, oligopolies, and pure monopolies. By the end of this video (2/2), learners will be able...

LECTURE

Module 3, Lesson 3.5: Why Does the Federal Reserve Hate Workers?

{youtube}https://youtu.be/i5bejZbT5mY{/youtube}     In this fifth lesson of Module 3, Professor Ghilarducci considers the Federal Reserve's impact on workers, and, in an interview with Dr. James K. Galbraith, discusses inflaiton and the role of the Federal Reserve. By the end of this video (1/1), learners will be able to: Describe why an interest rate hike causes a recession. Explain why a recession reduces bargaining power.