Trump’s labor department is busily repealing many rules and regulations designed to protect workers.
The combination of high corporate profits and growing corporate political power has created a vicious cycle: higher profits have generated more political influence, which has altered the rules of the game through legislative, congressional, and judicial action – enabling corporations to extract even more profit. The biggest losers, from whom most profits have been extracted, have been average workers.
America’s shift from farm to factory was accompanied by decades of bloody labor conflict.
The shift from factory to office and other sedentary jobs created other social upheaval. The more recent shift in bargaining power from workers to large corporations – and consequentially, the dramatic widening of inequalities of income, wealth, and political power – has had a more unfortunate and, I fear, more lasting consequence: an angry working class vulnerable to demagogues peddling authoritarianism, racism, and xenophobia.
Leaving demagogues and their peddlings, etc. as something noted but of course wholly unrelated to Steve Bannon's European opportunity, somehow financed. The first of those two links, the NPR item, cites the Daily Beast as its source, via the DB headlining, "Bannon is moving to Europe to set up The Movement, a populist foundation to rival George Soros and spark a right-wing revolt across the continent."
His struggle? Will the press pay sufficient attention for sufficiently long to embed a notion? What other struggle? At the fundraising stage?
UPDATE: Guardian takes notice, scant detail again a problem.
Is there money to follow, or is it all Bannon, " . . . once fully funded . . . " glide and slide?