I agree with this. I don't think US business greed is THE only cause, but I think its a significant driver. The issue is that its become ALL about short term gain and profits. There is little long term planning going on. Its about the next quarter's PNL. And this short-sighted greed IS having a huge effect on the labor market and the inequality gap we are seeing.I still think some of us are looking at an effect, not the cause.
The cause is US business. A increasingly common trait with all the big US majors for the last decade or so has been an obsessive greed for more and more profit. They created the made in China model, and I would bet my left nut that this alone has been the cause for the largest loss of manufacturing jobs in the US in the last decade or so.
An honest and frank assessment needs to be made to identify the root cause/s first. The US just bitching about a economic power bloc escaping the bonds created by the US to maximise the profit for US businesses?
Methinks thou protesteth too much about the wrong thing.