Like I said, our corporations are stupid with a capital S. They base their decisions on faulty logic and group think. They also make decisions on faulty data, and ideology, instead of what works.When American consumers want low prices and American workers want high wages, US firms have little choice but to set up factories in China. It's all very logical. Wal-Mart is the biggest US company now in terms of revenues, so how can you say it doesn't work?
US corporations have ignorant and short sighted business models. The extra savings from costs are only sometimes passed on, usually just enough to undercut the competition...
Once they get a lock on the market, they up the price...