. ♪ >> macgillis: as west dayton has been falling behind the rest of dayton, on a larger scale, citiese been falling behind the me prosperous parts of the country, going back decades. >> if you look at the decline of manufacturing and the decline of areas where it once was vibrant, the real turng point is the late 1970s. starting in e late 1970s, corporations started to much more aggressively push back against labor unions. and they did so in part because the economy was becoming a bit more global, so they were able to threaten that they would move production overseas. and so we saw a plummeting of the role of labor unions ecisely at the time that inequality was rising. (cheering)is >> macgiand then the reagan era ushered in tax cuts for the wealthy, and a wave ofti deregu. at the same time, shareholders starteexerting more influence on the way companies did business. >> you had bankers sitting in esw york, corporate execut boards far away from these communities, that thought, you know, labor was expendable. and unfortunately, we have this idea that what's good for wall street is od fo