Sov:

"Now, however, China and India are able to "flaunt" their great wealth of cheap labor resources. As a result, they can turn the capitalist globalist theory against the working class of America. They are doing this, thereby pushing down American "labor's" wages and bidding up prices of commodities, including food and especially energy."

W4B:

China and India didn't 'do' anything, except allow Capitalist investment in their countries, where labor is cheap. It's important to understand who is doing what if you're going to explain what's happening.

It's the actions of capitalists that are pushing down America's wages, and driving up prices. Prior to being paid by Multi-National Corporations for manufacturing goods previously made in America, China and India had no real economic might.

Since Multi-Nationals have enriched China and India to our detriment, it is they who should be blamed for wrecking our economy and extinguishing the middle-class.

We've been taught to worship the corporations and hate government regulation of their activities. We are now beginning to understand that government regulation is necessary to stop the periodic self-destruction inherent in the capitalist system.

China and India didn't make the rules, but when they found out how beneficial it was to allow foreign capital to flow into their under-leveraged markets, they were smart enough to cooperate.

It was really the Multi-Nationals that turned against America's working class. The investment class thinks we had it coming, and has worked day and night for the last forty years to blame our wages and benefits, while the working class thought the American dream was impossible to stop.

The American dream is not impossible to stop, if unbridled greed is allowed to control every aspect of our economy.