Draginol

Are your sure ??? More and more business outsource their software development to India...

I worked for a company that represented the majority of major players in the aerospace community (Boeing, Rolls Royce, Pratt Whitney, Air Bus, Goodyear, G.E., etc.) Outsourcing has always been about money and how to reduce the cost of the end product.

I won't go into the those examples of how outsourcing has decimented our manufacturing base, impacted our economy from the worker's standpoint or the selling off of our tooling and technology.

and don't forget China's long term plans for world domination.

Hey there Raven, long time no hear.

Because saintly Steve Jobs wanted to make a billion not half-billion.

American corporations have no allegiance to this country only the almighty dollar.

Yes! Now that's a good start if it passes.

Much like American consumers who think nothing about buying things made in China.

Rupert Murdoch thinks people will pay to read his news website.  That's why.

That said, the sweatshop conditons are still better then not being there.  Just like it was pre-union America. when folks who wanted the rights we took for granted were assaulted and killed, often with government approval.

The choice is a lot easier when you've got a lot of money, then when you don't.  Success is a combination of talent, hard work, and luck, you need all three to be successful.  Not everyone can be successful, and the current economic disparities make it harder for an individual to be reasonably successful.   It's hard to know how difficult success is when you've been successful, you often assume everyone can do it.

Wrote a book and got off-topic, so I'll cut out what I said.

Finally.

But in truth, there's an alternative?

I was kinda going off on a thing about wars there, not sure why really. I'd have to say when it comes to population though it does have a lot to do with economics. There are lots of countries out there with HUGE populations, much larger than the US, and it seems to me the larger the population the larger portion, and a disproportionate part as well, that is poor. No matter how "rich" a country might be, it will be guaranteed to have a large portion of the population that is poor. Look at Saudi Arabia, a country that brings in enough wealth that every one of it's citizens could be a millionaire, and yet they still have poor and homeless people begging in the streets. A large part of their population still live in buildings with no electricity or plumbing. Why? Because they aren't getting a share of oil wealth just because they live in that country.

Trade barriers are just holding off the inevitable.

Addressing income inequality is probably the fairest solution to maximize net social benefit.

I'm thinking 10-20 years.  Just gotta have boomers start dying off.

Lets think about that and let's say other countries do the same. Hm, so what about exports ? Oh...

That is what the government still wants all to believe. China is not more 'communist' at all. Even not in the bad meaning of it. Same as with 'democracy' in most western countries btw. Looking at latest incidents here in Germany doesn't make me feel like I have any influence on any decisions made in my name for my country at all... 10 years from now we will have massive riots here on the streets also. I am very sure about that.

In raw terms, wealth transfers to compensate for the ability of the rich to "rent-seek" in a way the poor cannot.  Close tax loopholes (I'd prefer to get rid of all deductions, but keep progressive tax rates, while setting a 10-15% corporate tax rate, with deductions allowed only for income above $30k/yr and below $100k/yr to incentivize middle-class wages.  

 
Ultimately, why does capitalism exist?  It exists to benefit society.  When it harms society, it needs to be tweaked. 

Also, a strong emphasis on consumer rights, especially when it comes to local monopolies like phone and internet service.  The Consumer Financial Protection Bureau Obama created would be great for this, though I'd give the spot to Clark Howard.   (who also suggested mostly the former idea)