> What's happened in the USA is that the neoliberals vacuumed all the wealth out of the middle class, so now it's basically posh and prole with a big gap between them.
Perhaps it had something to do with billions of people worth of labor coming online willing to work for lower prices than Americans, in conjunction with advanced in automation, computing, transportation, etc. Supply and demand, result in lower prices for the type of labor that could be done elsewhere for cheaper, and so it was. Any attempt to stop the labor arbitrage would have made the US uncompetitive on the global scale.
Seems like a simpler explanation than a conspiracy by some nebulous tribe called “neoliberals”.
Perhaps it had something to do with billions of people worth of labor coming online willing to work for lower prices than Americans, in conjunction with advanced in automation, computing, transportation, etc. Supply and demand, result in lower prices for the type of labor that could be done elsewhere for cheaper, and so it was. Any attempt to stop the labor arbitrage would have made the US uncompetitive on the global scale.
Seems like a simpler explanation than a conspiracy by some nebulous tribe called “neoliberals”.