First of all I think this article is completely delusional. I've yet to meet that many people who don't want a good job with good pay. The actual catastrophe that's happened is the massive loss of manufacturing. Vaclav Smil has said "In every society, manufacturing builds the lower middle class. If you give up manufacturing, you end up with haves and have-nots and you get social polarization. The whole lower middle class sinks."
And that's exactly what's happening. For all his faults (including mass manipulation and being a possibly-tyrannical demagogue) Trump is right about one thing - free trade is not always great and the loss of manufacturing was not "value added" for everyone in the US. But of course discussing this means opening up the whole argument about how economics is broken and you can't do that, as it would threaten stability too much. But anyone who looks into it can see it if they wish. Look into Jonathan Goldsmith's appearance on Charlie Rose when GATT (precursor to the WTO) was announced. He predicted the whole thing and what was going to happen. And he tried to warn us.
And that's exactly what's happening. For all his faults (including mass manipulation and being a possibly-tyrannical demagogue) Trump is right about one thing - free trade is not always great and the loss of manufacturing was not "value added" for everyone in the US. But of course discussing this means opening up the whole argument about how economics is broken and you can't do that, as it would threaten stability too much. But anyone who looks into it can see it if they wish. Look into Jonathan Goldsmith's appearance on Charlie Rose when GATT (precursor to the WTO) was announced. He predicted the whole thing and what was going to happen. And he tried to warn us.
Link to video - https://m.youtube.com/watch?v=4PQrz8F0dBI
See 1 minuet or 3 minute mark