Quote:
Originally Posted by Rtturvwsxmavpduc
It's about money. More specifically greed. How much is enough profit? America has one of the largest income gaps between wealthy and poor in the world. Google it: the population of Nigeria lives in a more equitable environment.
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Correct, but this is not because manufacturing jobs are moving offshore. A lot of it is due to tax cuts, better pay for upper management, and tax advantages to owning stocks and equity (50% of which is in the hands of the top 1%).
Also, many Western nations like Sweden, Finland, Germany, Denmark and the UK have significantly more equitable economies, and aren't particularly reliant on manufacturing.
Nigeria also isn't more equitable, by the way. The US has slightly lower income disparity ratios and GINI numbers, though Finland has significantly lower ones than the US. I'm also not sure if these numbers include foreign workers, who are likely earning much higher wages in Nigeria's oil industry than many of the locals.