Saturday, March 14, 2020

The Economy was Taken Over by Large, Transnational Corporations

I have been explaining this the wrong way - by saying the small businesses (including the family farm) had disappeared. No one knew what I was talking about.

But these large corporations were easy to see, and their effects were easy to see also. Manufacturing moved overseas (mainly to China) turning the American Midwest into a Rust Belt.

Even Americans (not the brightest people in the world) could see this simple cause-and-effect.

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