General Discussion
In reply to the discussion: Fast-Food Workers Photograph What Life Is Like When You Make Less Than $15 an Hour [View all]The2ndWheel
(7,947 posts)But we have the economy of a developed country. It's an interesting mix.
The next closest developed country would I guess be Russia, the 9th largest population, and we have well over twice the population they do. After that it's Japan, with I think the oldest population on the planet, I believe a restrictive immigration policy, few of their own resources, and it's an island with the same land area as Zimbabwe, which has 113 million fewer people than Japan. It's only when you get down to Germany, with 81 million people, that you start to see more of the developed world in terms of population. And Germany is a huge exporter, which is one reason why a place like Greece has as many issues as it does. The German economy hangs over so much of Europe, that all those smaller countries there have economic issues.
What I'm saying is there are so many people in America, that not all of us are needed, in an economic sense. You want to determine value, it's pretty much based on need. Not only are there 300+ million people in this country, but it's a global economy, where jobs can be done anywhere, by anyone, and increasingly by any thing(automation). Americans just aren't special. Back in the 50's, when unions were at their strongest in this country, Americans were needed. At least white males anyway. That's not the case anymore. White males aren't needed like they once were, and Americans in general are just another person on the planet.