Avalanche
Member
I’m not a fan of jobs not going to American workers, but regulations and tax burdens make it a more sensible and profitable option.Exactly why there must be some balance. Raw capitalism isn't good for any nation, especially when corporations run unchecked in certain markets. Land ownership by massive corporations, housing collusion, and monopolistic companies are all symptoms of unchecked capitalism, as is a society that becomes worked to death for a salary that cannot meet their needs. I don't think the government should control it, but I think it should regulate it some because we are at a point where a lot of things between housing and goods are overpriced for what they are.
Not to mention innovation is stalled. We're not innovating anymore because the market already declared it can get people's money by dropping quality and increasing price to increase profit since people must replace necessities more often. If it keeps going, expect to be buying new phones every year or else, new cars every 2 years or else, replacing things more often period or else. Companies like LG, Apple, and others are guilty of it already. There is no such thing as infinite growth in economics.