As far as unionism goes in the manufacturing sector the participation rate is 10% and falling.
I think you are right.
” Big Cap Corporation LOVE regulations because it keeps the up start riff-raff put of the market.”
Absolutely. It’s called “regulatory capture”, where a dominant market participant uses the government agency to eliminate its rivals. The dominate corporation will actually send its own people to staff the regulatory agency and write rules friendly to itself and hostile to its rivals.