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I basically just did. An industrial superpower that fucked themselves because their rulers didn't want to pay for unionized local labor so they turned their rivals (China) from a bankrupt basket case to a superpower and destroyed their own manufacturing capacities and citizenry's quality of life.

You kidding? That's basically the exact opposite of what happened. The region got rich off unionized manufacturing labor until the corporate leaders sent all the jobs and industries abroad to foreign scabs. What's your argument anyway, lower pay and worker protections in a zero-sum effort to...