reply to post by ChesterJohn
Did it ever occur to you that the steel industry might have scaled back the corporate salaries to make up the difference in wages paid to the workers?
The reason they relocated is not that the American worker demanded too much or put out an inferior product, but that they didn't want to invest in
new plants and wanted to increase corporate salaries.
Most of the steel industry in the US was pre-World War II based, and was showing signs of age, in pointof fact, much of it was worn out.
In contrast, the steel industry overseas was mostly new, due to the fact that our air forces bombed the holy crap out of them during the war, and
they had no choice but to rebuild new. Consequently they were more efficient than the 19th century relics in the US. So my goodness, why build a new
factory in your own country and employ your own people when you could strengthen the countries of your former enemies and employ them cheaper, plus
get your own people to subsidize your profits?
In another era, such behavior was considered treason.
Now it's just smart business.
Smart business for an individual, catastrophe for a nation.
That is what this protest is about: a desire to end the selfish, useless accumulation of wealth for a few individuals at the expense of the nation.
From where does one derive the "right" to unlimited wealth anyway?
No moral, ethical, or legal system I know of justifies it, and it shouldn't be allowed just because someone wants it.
Wealth should be capped.