2016 Postmortem
In reply to the discussion: Whether he succeeds or not in the coming months and perhaps years ahead, Bernie Sanders [View all]seabeckind
(1,957 posts)I think we did very well until the mid-80s.
At that point the union busting came into vogue, outsourcing in search of profits, mergers and acquisitions were unimpeded by anti-trust regulations, the banking regulations weren't being enforced, and the stage was set.
What I find so amazing is the the voodoo economics thing just went away as an issue and then implemented as a policy.
Then the third way, DLC, came in and built so much on top of it, culminating in the repeal of what few regs were left.
When a corporation can solve competition difficulties more cheaply by buying the competition, why would they work hard? Buy it and close the factory.
And then the divestiture of actual production divisions in the corporation and turning the corporation into nothing more than an accounting hq...
Oh well.
Here we are.
Would you like fries with that order? At least until a robot can work cheaper than I.
That was our choice.
(added) I wanted to work in the Beggar thy Neighbor issue where states bid their labor cheaper than other states but couldn't fng a good place to fit it.