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Chris Vail's avatar

The trend towards equality in the US reversed itself in 1970. That's when corporations consciously organized against the anti-corporate sentiment that had developed during the civil rights movement, the environmental movement and the counterculture movement. That's also when workers' wages peaked in real terms. Reagan fired the striking airline traffic controllers, and their replacements are retiring now en masse. The last 50 years aren't much in terms of history, but may be analogous to the sea withdrawing from the shore right before the arrival of a tidal wave of reforms.

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