General Discussion
In reply to the discussion: Thomas Franks, the Clintons and "phony" Democratic populists in the New Gilded Age [View all]TheKentuckian
(25,023 posts)In the present environment competitive means little more than lowest pay, least environmental protections, worst labor standards, minimal taxes, most nonexistent regulation on practices, and maybe a pile of cash as direct incentives or stuff to write off.
Any and all innovation is then sent to such locations for actual production.
The phony baloney concept of hundreds of millions of us innovating and inventing away the live long day is well beyond ridiculous, a fairy tale to trick folks into swallowing their livelihoods going bye bye with dreams of feet on a big desk, in the corner office bringing home a pile of money and not wanting a shower when they got home while the foreigners do the hard work and come up themselves is a farce.
It will never happen because it is statistically very improbable and structurally prohibited by the economic system in place. Straight up a lie for the benefit of the elites, increasing the scale, scope, depth, and pace of extracting wealth and plunder of real value.