If populism is a bee-line towards authoritarianism, corporatism is a charter flight towards it.
The overwhelming majority of Americans do not have a meaningful stake in the proceeds of capital. They are labour, and will benefit from gains for labour, more then they will from gains for capitalism.
If 80% of your life-time earnings will come from wages, as opposed to capital gains, your interests are not aligned with those of your employer, especially when they treat their relationship with you as zero-sum. Most of them do.
The overwhelming majority of Americans do not have a meaningful stake in the proceeds of capital. They are labour, and will benefit from gains for labour, more then they will from gains for capitalism.
If 80% of your life-time earnings will come from wages, as opposed to capital gains, your interests are not aligned with those of your employer, especially when they treat their relationship with you as zero-sum. Most of them do.