happening.
They are against the reduction of workers' bargaining power and are attempting to "chronicle" (i.e., show, tell, report) how it is happening and what its effects are.
ON EDIT: This is an excerpt from the "About" page of naked capitalism:
SNIP
The meltdown also showed the high cost of the economic restructuring that began in the 1970s and accelerated in the Reagan/Thatcher era. Most people in advanced economies do not realize that we are in the midst of a finance-led counter-revolution. In parallel to the enclosure movement of the early capitalist era, which turned formerly self-supporting peasants into wage slaves, we are now in the midst of a large scale, concerted campaign to reduce the bargaining power and pay of ordinary workers relative to investors and elite technocrats. We believe this effort is not only detrimental to most citizens, but is ultimately destructive to the capitalists classes, since highly unequal societies produce worse outcomes on virtually all broad measures, such as crime rates, longevity, and educational attainment. Indeed, inequality exacts a cost in terms of the health of even the top cohort. But this cohort seems to define its self-interest in narrow economic terms.
With the help of a growing group of dedicated and skilled writers, we are chronicling this transition and doing what we can, in our small way, to fight it. That often takes the form of parsing propaganda, decomposing complex financial structures and legal agreements, and following the money to inform and educate readers about what is going on beneath the surface of major news stories. We regularly criticize government officials and their amplifiers in academia and the media, particularly those who promote policies that favor entrenched interests and the wealthy while pretending they are good or necessary for ordinary people <emphasis added>.
= new reply since forum marked as read