[xbpx]

This is a hilarious comment. It's exactly the comment that was made in the 70s when workers had a larger share of national income and when average salaries could afford a house. Indeed, soon thereafter in the late 70s we saw rounds of union busting, neoliberalism, Thatcherism and Regan and drastic cuts to taxes and employment security. Inequality spiked, wages stagnated, many millionaires and billionaires produced and the growing frustration and malaise in the working classes generating the rise of nationalist and populist movements the world over. It's becoming a bipartisan realization we went too far with both Republicans and Democrats calling for reshoring, investment in industry and yes, worker protection. The most minimal watered down corporate friendly worker protection. This is 10% of what any radical would wish for.

And already this comment. The reactionary spirit has been embedded deeply.

[Aloha]

The pendulum swings.

Those things were reactions in many cases to overreach and an oversized role of the state, and a status quo that failed to innovate. Now we're (for good reason) going to go the other way.

I think its a natural cyclic cycle, the market is now out of good new ideas, and now we need innovation from someplace else, and to rebalance social equity too