Truth that Hurts or Baffled by Bullshit Economies, like all systems, require 'systems thinking' in order to understand what's really going on. Less than about 5% of the world's population is schooled in systems thinking and/or are capable of implementing it.
Every person alive, rich or poor, wants to maximize his/her advantages, potential, development, and way of living. Almost all of us will do so at the expense of others, including those we hold closest to us. So, while those who run businesses (meaning....employing humans) want to derive the greatest benefit from their labours, such as they are, their employees want the same things. The trick lies in the balance, the equilibrium. Equilibrium, over the past 45 years, has meant outsourcing or outright moving of factories and assembly plants to places where the equilibrium can be maintained. Trouble is, it never was a true equilibrium. It was always a drive to maximize profits/power/prestige/affirmation. It was always a scheme to get elected. It was always a way to build convenience distributively (taxes for schools, highways, day cares, hospitals, government buildings, shorter lineups at services, etc). All these things cost money. The money only ever comes from primary industries because that is where true wealth comes from. The rest is 'value-added' service of some kind. As mines and other primary industries are forced to close for any reason, public pressure, pollution, ores run out eventually, markets drop off and production costs more than revenue for the product, capitalization falls when investors abandon, etc, the outright costs of things rise. The vaunted smart phones go from a few hundred dollars to parts of plans where their true costs must be borne, and not by the company selling them. How does someone working at WalMart afford to maintain a data plan and a cell phone, plus a car?! And three kids? Increasingly, via stamps and welfare. Who provides those? How?