Perhaps our corporate overlords in all their Ayn Rand glory should have considered this before we packed up our manufacturing base and handed it to them wrapped in a ribbon.
No defense... but I also understand, first hand, how this happened... and it's seed is in the 50-70 yr old bracket.. like me
MBA classes in the late 70s and all the 80s.. INDOCTRINATED us with 'global economy'.. even computer software simulation games we used as part of our curriculum.. rewarded us for shipping production overseas to lower cost labor and less govt regulation... I bought it hook line and sinker... but I did learn... the end consumer dictates where production occurs...
If people strictly see goods basically as commodity they'll buy only on price... you have overseas production...
It will take a significant mindset change, to reverse this... and this absolutely could be the catalyst that fixes it
Upvote
0