Support for unions among college graduates sits at 70%. The professional managerial class - supposedly individualistic, supposedly above such concerns - is converging with the working class on populist economic views. Tax the rich. Regulate big business. Protect workers from being replaced by algorithms or outsourced to cheaper labor markets.

The late 1970’s marked a break in the post-war compact between labor and capital , the tacit arrangement following World War II where businesses compromised with labor unions in exchange for stability and economic growth. In 1980, we saw the overwhelmingly popular elections of Ronald Reagan in the US and Margaret Thatcher in the UK. At home, Paul... See more