Innovation Ethic

In Chapter 4 of Perils of Prosperity, John Sarno argues that American industry does not really have an innovation ethic, and as a result it has been very badly damaged by the system of global capitalism and free trade that the U.S. government created after World War II. They were not prepared for the intense foreign competition that began to hit them full force in the 1970s and 1980s. As a result, the social and economic conditions of most American workers have deteriorated over the last thirty years, and this was already clear before the latest recession. As Thomas Jefferson had always feared, the great barons of American industry had turned the country into a nation of employees, and had trained and educated many of them to be dependents and conformists rather than innovators, independent thinkers and creators. Knowledge-based forms now contribute 20% of overall GNP and 40%...
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