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[Oleg Smirnov]

http://tinyurl.com/y9bomuwj

Americans .. are working harder and longer hours and yet wages aren't
keeping up. While my dad and so many of his generation were able to find a
good-paying job that allowed them to bring their families into the middle
class, most of my neighbors find themselves working harder and harder but
falling further and further behind. ..

Concentrated power, concentrated profits .. Rising corporate concentration
.. The largest companies are taking over an ever greater share of the
market - conducting mergers, acquiring other companies, and squeezing
smaller competitors out. .. Between 1990 and 2013 .. the concentration of
corporate assets more than doubling .. A growing body of evidence suggests
that the spread of this corporate concentration throughout multiple
industries .. has helped create a labor market in which workers are unable
to negotiate with employers .. Wages are going down as a result. .. Today,
companies rely on a range of practices to keep workers from .. better pay ..

Today, more than 50 million Americans live in areas that are known as
"economically distressed communities" - high poverty, high unemployment
areas with few opportunities for job creation and little capital to
jumpstart small businesses. .. In more than half of "distressed" zip codes,
the number of jobs and businesses declined from 2000 to 2015. ..

...