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I'm curious if you could elaborate more on "it's a political problem that can only be solved politically" I think I agree with you, but do you imply this would
by Avicebron 6y ago
I'm curious if you could elaborate more on "it's a political problem that can only be solved politically"
I think I agree with you, but do you imply this would be a rein in of the international corporate greed with heavy regulations and trade enforcement?
- sushshshsh 6y agoIt is hard to say, because I am not sure what the impetus was exactly for corporations to leave the United States. It's not even possible to say it was a "good" or "bad" thing they left because if an American loses a job and an Indian gains one, is it good or bad? If a factory that pollutes the environment leaves for another country, is it good or bad? If a shareholder extracts value from increased cost efficiency from offshoring, is it good or bad? For me, very hard to say. What I will say though is that the world needs to do a much better job of lowering prices for consumers. Right now much of the excess riches generated in this world is from screwing customers, not serving a large number of customers fairly. An example of this would be the American medical industry, or Chinese construction industry.