"The corollary is that just because Trump has dismantled the agencies that were buoyed up by the movement, it doesn't make the movement itself smaller or less powerful. If anything, the Trump regime's relentless pursuit of an agenda in service to the rich at working people's expense will only add fuel to the anti-corporate, anti-billionaire wildfire. Trump's tariff chaos might be bad for some parts of the ruling class, but as Van Jackson writes for Labor Notes, there's plenty of plutocrats who love the prospect of a deep recession sparked by global trade chaos:
[L]avish tax cuts, deregulation, and an environment friendly to union-busting are just as valuable to most CEOs as a growing economy. What they lose in the stock market, they will more than make up in surplus labor, a fire sale on distressed assets, and Trump’s promise to totally eliminate the capital gains tax.
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American wealth is more concentrated today than it was in France on the eve of the French Revolution. People are pissed. That anger is out there, waiting to be harnessed by smart political movements:
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To grab that anger and mobilize it, we need to show people that their rage over specific issues is actually downstream of excessive corporate power. Furious that one company owns every brand of eggs and has used the excuse of bird flu to make record profits? You're not angry about eggs, you're angry about corporate power:"
https://pluralistic.net/2025/04/10/solidarity-forever-2/#oligarchism