A famous Freemason, C. Edwards Deming, laid the groundwork for the answer of ‘how’ (see http://www.ritholtz.com/blog/2013/09/w-edwards-deming-14-points-for-management ). To adapt his action plan to America’s circumstances we should consider this. Place an income sur-tax of 30%, 45%, 60% on incomes that exceed 30, 45, and 60 times the lowest paid employee, contractor, or sub-contractor of any product protected by U.S. patents, copyrights, or treaty, regardless of place of employment or manufacture.
Make this point a part of the TPP.
Revise all our NAFTA, CAFTA, and other SHAFTA to include this point.
Back in the 1950+ era, I was a student of Prof Deming at NYU Grad School. He was consulting in Japan at that time but never missed our class in Sampling. Very good teacher. He was writing a book ‘Some theory of Sampling’, I think that was to be the title. Interesting that you should mention him. Regards,