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Re:The coming long-run slowdown in corporate profit growth a... by onetimeusename on Sunday October 30, 2022 @01:22PM (#33396467)
something that bothers is how it was sold to the public as the free market. It was sold as just simple capitalism to move industries to these countries and we all benefit. Sometimes you would hear people say that Americans were just too lazy and entitled to manufacture as cheap as other countries and that people would just change from working in manufacturing to moving to a big city and working in the information economy.

Except this relied on having countries with corrupt governments and human rights abuses. The lower costs didn't just happen out of the void, this was not the free market. Then there was how the loss of manufacturing knowledge would not come without a big cost.

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