One thing with globalization is that labor costs in capitalism is a race to the bottom for companies. Translated here, it becomes tough for a lot of middle class or even upper class folks to keep doing what they were doing to make a living if they lose their job. There’s enough articles on folks taking lower pay and staying there afterwards.
We can all close our eyes and cover our ears and say do something that can’t be moved or isn’t needed, but you’re bound to leave some folks behind and that’s happening now.
Not that anyone should be “entitled” to anything or given anything at all (hey, the world is a mean place), but not every 50 year old or 40 year old can re-invent themselves every 5 years on a whim. It’s just not that simple with kids, family…mortgages, college funds, health care, etc and that’s why you have all these articles about the middle class.
In China, this is even happening now. (This is the first article I googled on it, but there are more) and they are moving factories to inland areas (and some US companies are actually coming back here).
