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Theres this however: chinese factories are forcing workers to sign "no suicide pacts", anti-suicide netting is in place around suicide prone manufacturing facilities"...that's the price of forcing workers that have the consumer responsibilities concomitant with living in an increasingly consumerist environment coupled with the kinds of wage controls that only a totalitarian government can completely get away with. American wages cannot fall any lower without the kinds of psychological breakdowns being witnessed in China. Nor can you make a silk purse out of sow's ear. If your CNC lathe operator was capable of becoming a production engineer on his own time, with his own money, well, by gum, I think he would already be one. Germany is Europe's largest exporter. German products are relatively expensive because of the high wages paid to German workers and the exacting standards to which their products are held. They sell them nevertheless. I am sure it is possible to find out what the CEO of BMW makes. I will bet money it is a fraction. A small fraction of what GM's CEO makes. When your Fortune 500 does not have an executive branch taking, easily, 50% of revenue you don't have to expend tons of energy finding ways of keeping your worker morale up. The answer has always been to better manage executive compensation but that is unpalatable so we continue to dance with the 800lb gorilla. Maybe when there isn't a single American doing anything, not even health care professionals (google 'medical tourism') and the economy completely flatlines you all can re-build America from the ashes. I say you because I won't be here by then.
Capitalism can get out of hand just like socialism but socialism is usually corrupt from the start. It all needs to be regulated but fairly regulated.
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