Michael Moore: please explain to the thread what leverage those evil corporations do, in fact, have against unions?
When an evil corporation hits union extortion then their only options are to shift operations to a better state, shift operations to a better country or to go bankrupt (like Hostess).
Capital goes where it is treated best. India, China, Korea, Vietnam, Mongolia and so forth are gaining capital because they are (comparatively) hospitable to capital. America is bleeding capital because it is currently inhospitable to it.
Your plan - such as it is - would be to institute financial repression. You would wall up capital so that it couldn’t move out of the country and also force Americans to buy protected, Government-approved brands.
Which would be an absolute disaster. Financial repression hasn’t worked for Argentina or Venezuela or Zimbabwe - why would it work for the US of A?
“Michael Moore: please explain to the thread what leverage those evil corporations do, in fact, have against unions?”
Riight. Because corporations have no negotiating power, no access to attorneys that specialize in “busting” unions, and no access to scabs (something Hostess could have done) in case of a strike. All they can do is bend over an bite the pillow. Okay.
” You would wall up capital so that it couldn’t move out of the country and also force Americans to buy protected, Government-approved brands”
Riight again. Because the Zenith TVs, Philco radios and Chevrolet Bel Airs (all US made) that our forebears purchased were approved by some faceless commisar? Okay, again.
“Zimbabwe”? Great strawman. A nation with no infrastructure, no tradition of entrepeneurship (except for the white settlers who mostly left), no business or engineering schools and no industrial base. Yeah, riight again.
Protected, Goverment approved brands would be anything and everything made in the U.S., by American workers...And it wouldn't affect any money moving out of the U.S...People would still be free to move any or all of their money out of the U.S...
The question is; is it still worthwhile for a company to make and sell American made goods in America...I'd say definitely so...If it turns out that excessive regulations prevent a certain good(s) from being available to the general public, pressure on Washington would be so great that there would be an immediate cessation of those regulations...
The thing that controls prices is competition...Something innovative Americans are very good at...