Re: Our missing productivity was shifted to China
And yet, the whole world over, Capitalism has time and again prove throughout all of human history to be the only system that increases living standards for all; while Socialism & Communism have impoverished all their nations and sent millions to an early death.
I think you missed the pertinent bit of my post which was the 'neo-liberal' bit; unfettered capitalism is as much a failure as an unfettered command economy. The market needs regulation, or eventually, all the cash ends up being controlled by a monopoly.
You also appear to be confusing economics with politics when you contrast capitalism (an economic construct) with socialism (a political one), and are wilfully ignoring the very successful European socialist countries (such as Finland and Denmark) where the standard of living is much higher that that which most in the UK and US enjoy.
D- must try harder