>>515088288 (OP)
It was made illegal to pay workers competitive wages in 1919.
>Dodge v. Ford Motor Co., 204 Mich 459; 170 NW 668 (1919),[1] is a case in which the Michigan Supreme Court held that Henry Ford had to operate the Ford Motor Company in the interests of its shareholders, rather than in a manner for the benefit of his employees or customers.
Thats right, wallstreet are such short sighted glue huffing "capitalists" they made good honest prudence in big business illegal back in 1919. In any other nation we would call it backwards socialism.
This single ruling makes American companies globally uncompetitive because it is literally illegal for them to hire talent or make a good product. They are instead chained to the meta of avoiding any investment that doesn't directly aid shareholders. (its illegal to invest in anything other than news cycle memes)
Furthermore, is is also illegal to give the customer a good product unless the product is consumed at a frequency greater than once a fiscal quarter.
This SINGLE precedent, has done more to destroy the American brand than any other institution, failing, or disorder. People complain about unions about "the lowest common denominator" and "globalization" but the USA hamstrung themselves more than a century ago to serve the hair-brained and drug fueled greed of the wallstreet communists who abuse the tolerant nature of the USA for profit.