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<blockquote data-quote="Ana the Ist" data-source="post: 75534408" data-attributes="member: 302807"><p>You're describing the death of the manufacturing industry. </p><p></p><p>You're right to say that back then many middle class jobs were available to people without a college education. Working class wages were up.</p><p></p><p>Globalization killed manufacturing. Factories and jobs left the US for nations with cheap labor. We went from free market economies in the US to free market economies worldwide. The job market changed and suddenly college and trade schools became necessary for those middle class jobs. It's not a switch from Democratic socialism to anything....it was always capitalism. </p><p></p><p>I don't know why people hate capitalism all of a sudden. Is it perfect? No. Is there a better plan? No one has found one yet.</p><p></p><p>What's worse is the people complaining the most actually love the benefits of capitalism. You know that vaccine everyone is hoping for next year? How do you think that happens? Magic?</p><p></p><p>You need big capitalist pharmaceutical companies to do that. They have to spend big money to create the vaccine, big money to test it, then a big expensive system to mass produce it and distribute it. It's a lot of risk. </p><p></p><p>Hooray for capitalism.</p></blockquote><p></p>
[QUOTE="Ana the Ist, post: 75534408, member: 302807"] You're describing the death of the manufacturing industry. You're right to say that back then many middle class jobs were available to people without a college education. Working class wages were up. Globalization killed manufacturing. Factories and jobs left the US for nations with cheap labor. We went from free market economies in the US to free market economies worldwide. The job market changed and suddenly college and trade schools became necessary for those middle class jobs. It's not a switch from Democratic socialism to anything....it was always capitalism. I don't know why people hate capitalism all of a sudden. Is it perfect? No. Is there a better plan? No one has found one yet. What's worse is the people complaining the most actually love the benefits of capitalism. You know that vaccine everyone is hoping for next year? How do you think that happens? Magic? You need big capitalist pharmaceutical companies to do that. They have to spend big money to create the vaccine, big money to test it, then a big expensive system to mass produce it and distribute it. It's a lot of risk. Hooray for capitalism. [/QUOTE]
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