This is what plutocracy looks like

Tim Gurner is an Australian property developer with a net worth north of 500 million and an obsession with the pseudoscience of “anti-ageing” At a recent property summit, he ventured to explain what ails the world: namely, working-class people’s relative gains in terms of wages and power amid tighter labour markets brought about by the pandemic and its aftermath.

“We need to kill that attitude, and that has to come through hurting the economy,” he declared.

The results of Gurner ’s “normality’ have been stagnant real wages for the bottom half of workers going back two generations.

Half of fast-food workers and a quarter of adjunct college teachers have to rely on welfare to make ends meet.

Britain has similarly moved towards a low-wage, low-worker-power economy.

Progressives and others who seek more decent societies and more resilient economies should double down on worker power.