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that's a great post. i disagree about having an under qualified work force. where are the jobs looking for the highly educated? we live in a service industry that caters to the rich folks who can afford to spend their money. people spend 4, 6, 8 years in college and end up working in service. i find most people with masters degrees end up at a disadvantage in the work force. my sister has been over qualified to get jobs because they have to pay her more. two friends got their jobs BECAUSE they didn't finish college and so they can pay them less. the financial boom of the mid to late 90s is over. we pioneered tech and internet companies, but now india, china, and south korea to name a few are taking away from that. industry is cheaper in less developed countries. i think part of the answer is bringing in more immigrants and rasing wages. we need someone to buy all those products. we need people to replace the baby boomers. it is likely that social security will be gone within our lifetimes.
i whole heartedly believe in a democratic socialist hybrid system. we need government to regulate industries and banking. the capitalist system rewards fucking over the little guy and all businesses eventually swing that way.
like you said, globalism is inevitable. and its goal is coming to fruition. global poverty is down. however in the USA the lower class is growing and the middle class is shrinking. rural america has no jobs. wal mart is the largest employer in those areas and they royally fuck their employees.
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