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applegrove

(118,655 posts)
Mon May 27, 2019, 05:33 PM May 2019

No, Mr. President: China didn't steal our jobs. Corporate America gave them away

No, Mr. President: China didn't steal our jobs. Corporate America gave them away

CODY CAIN at Salon

https://www.salon.com/2019/05/27/no-mr-president-china-didnt-steal-our-jobs-corporate-america-gave-them-away/

"SNIP......

In order to actually save the middle class, we need to focus on the true cause of the problem. We must direct our great powers of reform where they belong — upon the wealthy executives and shareholders of corporate America who caused this problem in the first place.

The nature of the problem is that corporate America has no incentive to protect American workers. In fact, corporate America has every incentive to harm American workers by shifting their jobs overseas.

So the financial incentives must be reconfigured. If corporate America is going to ship American jobs overseas, it must not be permitted to pocket all the profits themselves and leave their displaced workers with nothing. Instead, corporations that send jobs offshore must be required to sufficiently compensate their displaced American workers. Executives and shareholders must not be permitted to enrich themselves unless and until their workers are financially secure.

Our society must favor people over profits, not profits over people.

.....SNIP"

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No, Mr. President: China didn't steal our jobs. Corporate America gave them away (Original Post) applegrove May 2019 OP
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