I would argue that misguided liberal policies have distorted true capitalism into a form which is bound to fail. Paradoxically, the growth of Government and entitlements has made it “safe” for companies to flee the USA. They can still make a fat profit while the Government kept the Middle Class afloat through deficit spending. Once the credit limit is reached, however, that’s when things start to get dicey because the domestic market will finally suffer. If Government was not there to pick up the slack, business would have figured out long ago that outsourcing was not in its long term best interest as it would destroy the Middle Class.
I see some merit in your argument, but, it took both Dems and Repubs to allow open borders, another way of undercutting the domestic middle class’s jobs. I agree with you about domestic companies setting up shop overseas.
I appreciate your comments, they are worth some thought.
The immediate thought that comes to mind is that Henry Ford established the $5 hour wage to that his employees could buy what they built, AND HE PROFITED FROM THAT. But if government had handed out money and millions more high paying government jobs had been created, he could have just as well had the products built more cheaply (overseas in today's terms) and PROFITED EVEN MORE.