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"Have you no shame?" I bet you do, and everyone else here too. The problem is that American executives don't. Look at the pay gap between American and Europea
by sudont 16y ago
"Have you no shame?" I bet you do, and everyone else here too.
The problem is that American executives don't.
Look at the pay gap between American and European or Japanese executives: 2x European executives, 4x for the Japanese and Koreans. http://www.nytimes.com/2007/02/18/world/americas/18iht-letter.4637416.html?_r=1 http://www.nytimes.com/2007/02/18/world/americas/18iht-lette...
While there's some fiscal rules in place to benefit society in those countries, the main cause of this disparity is purely greed in American executives. With the way that the current top players are willing to sit on production startups, there's no way to reindustrialize without complete societal change. Namely, reducing everyone's consumption and increasing the uptake of domestically produced, high-quality and long-lasting goods.
Since the current system favors shameless outsourcing and cheap goods, your simple, effective plan is completely stonewalled.