I looked up socialism and it was so vague, that the US is a combination of socialism and capitalism. But if Glenn Beck can explain it better maybe you should buy a few more of hi books and some of his gold. "But at some point, the difference in getting 1,000,000 parts made overseas at $1 vs $10 to get them made here in the US can't be ignored by company managers." And the rest of the story is that China subsidizes it companies, bout like an import tax and if everybody was brought to an even playing field then the product would have to stand on how well it's built, not that it's a cheap throw away. Most inspectors disappeared over the last 10-20 years because that's what big business wanted, to be self regulation. If the pills that were painted with yellow road paint, the lead toys, the plumbing and electrical supplies that probably don't meet minimum code were all left at the dock rotting away, things would probably change.
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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