What has destroyed the U.S. manufacturing is not just corporate greed. The financialization of the economy was another culprit driven by bad policy measures, as discussed.
From Naked Capitalism:
Americans are understandably upset about profits without prosperity. Corporate executives seem to be the big winners, while the middle class is declining and young people face a bleak economic future. How did this happen? It's easy to blame technology, especially the automation that supposedly displaces workers. But that's not the real story. The fact is that automation creates jobs. It's the misuse of corporate profits that are destroying them.
http://www.nakedcapitalism.com/2013/01/robots-dont-destroy-jobs-rapacious-corporate-executives-do.html
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