I've been pushing for the private sector to raise wages across the board for quite a while now. It's part of my vision that American capitalism has to broaden its responsibility to many stakeholders, beyond its decades-long pursuit of short-term shareholder value maximization.
The "monomaniac" pursuit of profit, taken to "demoniac" extremes (two words Melville uses repeatedly) is a killing pursuit that can take every last thing -- even the ship itself (read: the nation) -- down.
Like many, I am angry. Washington and Wall Street are tied at the hip and spend most of the time talking to each other. They have social and economic connections and media outlets devoted to promoting their philosophies.