The US isn't a monolith. Shareholder certainly benefited from lower manufacturing costs, but people employed in dying industries suffered enormously. Maybe in

The US isn't a monolith. Shareholder certainly benefited from lower manufacturing costs, but people employed in dying industries suffered enormously. Maybe in a hypothetical world where the profits were shared equitably, that would have been a good deal for the US as a whole. Seems to me like a case of moral hazard - investors are making decisions that affect the long-term health of the country without bearing any of the consequences themselves.