Post WW2 the capital base of the developed world was gone and so governments in the US extorted anyone who had immobile capital assets - if you have a factory, you were paying protection to the union and there was no alternative. The NYC rent control economy. 1/ https://twitter.com/trajan_decius/status/1210292359575080961 …
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Outsourcing isn't the problem; it's a symptom. The problem is lack of property rights in the US and anarcho-tyranny in business regulation that's built to only allow connected parties to operate businesses and to not allow anyone to operate manufacturing businesses.
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