An excerpt from the interesting new book Global Class War "How America’s Bipartisan Elite Lost Our Future and What We Must Do to Win It Back". By Jeff Faux
"We are entering an information age that is obliterating economic national boundaries. It is a time of change equivalent to the shift from the agricultural to the industrial age. The resulting deregulated global economy is bringing freedom, democracy, and technological wonders to the rest of the world. In order for you to survive and prosper in this new global market you will have to compete against some six billion people out there, most of whom will work for a lot less than you will. The price of labor is set in South China, where people will work for one-twentieth or less of your wage. If you want to live better than the Chinese, you have to be more than twenty times more efficient. Therefore, you should get all the technical training you can get, be willing to work longer and harder, and make wise investments. You are on your own."