Gone was the 1930s understanding that government was needed to protect the people from corporate power. Gone was the idea that in hard times government should put people to work. Gone was the idea that Wall Street needed strict regulations.

This is the job of government, and while we do need to restore this sentiment somehow…good luck, considering everyone’s retirement nest eggs - if they’re lucky enough to even have one - are tied up in target retirement date index funds. They have us by the balls, and have complete regulatory capture.

The author later posits that labor unions are our last best hope. In lieu of the bought and paid for Congress actually doing their jobs and regulating, I agree, but some industries are insanely slow to come around to this idea (I’m looking at you tech sector.)