Terms like "parasitize earnings" don't sound like seeing both sides of the equationI don't want employees to get those earnings. I don't want investors or shareholders to get them either. I want consumers to get lower prices.
they were looking at price differences that could not exist in the US due to cost and standard of living
Again, what does that mean, "standard of living"? That we indulge industrial labor monopolies and pay more for manufactured goods than we need or want to like the 60's? How do you feel about paying $5000 for that computer? Or that we reward landlords and enrich landowners for participating in the creation of dysfunctional regulations?
I agree - Western industrialists have been able to play both sides of the equation - outsourcing production to places where industrial cost-control is effective and selling in to markets where there's a large upper-middle class of well-compensated credentialed professionals like us and entitled land-owners.
But I don't think that the solution is to give more power to industrial labor unions. My own pet solution is German worker councils - if only because they empower workers and make managers and industrialists accountable to employee needs, but at the same time can't coordinate labor demands across an industry. Managers can't ignore employee welfare but also employees can't gang up on consumers. But no one else wants this - industrialists hate the idea of inviting unions in to C-level planning and unions at their core want labor monopolies.