There's much more surrounding the USA's innovation engine than treating employees like shit. Perhaps would be good to look at what's working and what's not instead of just assuming that better protection for workers, which are the ones directly and literally creating the value, would cause a catastrophe.

Or please direct me to some literature supporting your opinion.

Edit: Page 19 here [0] would directly question your assumption.

[0] https://www.wipo.int/edocs/pubdocs/en/wipo-pub-2000-2023-en-...