Quote:
Originally Posted by Cherry7
So wages have been stagnating for 25 years and yet technology has developed and the economy grown.
Capitalism can't even raise the minimum wage.
De regulation and the free market has led to the biggest crisis ever and now in the most advanced industrialized nations children go to school hungry, there are whole countries with no industry, mass unemployment and poverty.
We sit playing with our gadgets unable to heat our homes.
FAIL
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For the US it used to be a race to the top with quality goods or services where you could charge a premium and pay your employees better.
Now it's a race to the bottom as everything becomes cheap and easily replaced.
The blame can be spread all around.