... acentrallyplanned economy, and perhaps most chillingly, the overthrow of govern-ments and a“dictatorship of the proletariat.”In the wake of the collapse of communism, these ideas ... 38RobertJ.Shapiro,Futurecast:howsuperpowers,populations, and globaliza-tionwillchange the wayyoulive and work,NewYork,St.Martin’sPress,2008.39ThomasL.Friedman, The WorldisFlat:ABriefHistory of the TwentyFirstCentury,NewYork,Farrar,Strause and Giroux,2005,20 06. 40China’shighsavingrate the result of governmentpolicy,see:Ea-monnFingleton,In the Jaws of the Dragon:America’sFatein the ComingEra of ChineseHegemony,NewYork,St.Martin’sPress,2008.41PietraRivoli, The Travels of aT-Shirtin the Global Economy: AnEcono-mistExamines the Markets,Power and Politics of WorldTrade,JohnWiley and Sons,NewYork,2005,p40.42Ibid.p142.43JeffRubin and BenjaminTal,“WillSoaringTransportCostsRe-verseGlobalization?,”CIBCWorldMarketsStrategEcon,March27,2008.Web:http://yaleglobal.yale.edu/about/pdfs/oil .pdf 44Revenueperemployeenumbers.Source:GoogleFinance,basedon2008revenue.45“…growthwithoutjobcreation.”, The Economist,August11,2003.Web:http://www.economist.com/agenda/PrinterFriendly.cfm?Story_ID=1985889 46 Huether,David, The Case of the MissingJobs,BusinessWeek,April3,20 06. Web:http://www.businessweek.com/magazine/content/ 06_ 14/b39781 16. htm47Technicallythismightbebettercalled“regressive”or“reversepro-gressive”since the deductionishigheratlowerwagelevels.However,thosewordshavenegativeconnotations…48FareedZackaria, The Future of Freedom:IlliberalDemocracyatHome and Abroad,NewYork,W.W.Norton&Co.,2003,p.172-173.Notes ... penetrate the economy to the extent thatwages no longer provide the bulk of consumerswithadequatediscretionaryincome and confidencein the future. Ifthisissueisnotaddressed, the resultwillbeadownwardeconomicspiral.Itmustbeacknowledgedthatthisideaisquitesimilarto the predictionsthatweremadebyKarlMarxin the midtolate1800s.Marxpredictedthatcapitalismwouldsufferfrom...