Capitalism only functions in an environment of competition. Because of our absolute domination of the Soviet Union, we’ve had no need to improve.
There’s a reason wages were so high back in the day compared to now. It’s because if people didn’t get paid what they were owed, then we would lose mindshare to communism.
Feel like US is 15 years behind on a lot of things, education, healthcare, social programs, infrastructure maintenance, etc.
I think you’re missing a digit there.
Capitalism only functions in an environment of competition. Because of our absolute domination of the Soviet Union, we’ve had no need to improve.
There’s a reason wages were so high back in the day compared to now. It’s because if people didn’t get paid what they were owed, then we would lose mindshare to communism.