"...[a capitalist] has little if any loyalty to his own country and is willing to exploit human misery in third world countries for personal gain"
I find it rather contradictory to argue in favor of loyalty to domestic labor and against "exploitation" of foreign labor. Loyalty here seems to mean a company should keep the factory here in the US and forget about the d--- foreigners. When jobs are shipped abroad, companies are criticized for being unloyal, greedy, and exploitative. But creation of jobs abroad creates work for foreigners. You may say the wages are too low. Fine, I agree. But those workers take the job because they don't have better opportunities. To argue in favor of keeping jobs in the US out of loyalty or patriotism is not compatible with the idea of helping poor foreign laborers. If you take away their jobs they will have to find another job, and it will probably be even worse. If not, then why would they want those exploitational jobs in the first place? If you say, well, they are poor and have no choice, then you agree with me. That is not a rebuttal. I'm simply saying keeping jobs in the US is not a way to help them out.
Example: Appprox. 1993 Catapiller, Illionis plants... found that they couldn't compete with Kamatso, Haundi and others with high paying union jobs. The CEO let the union go on strike. Catapiller rehired scabs as replacements and gave them great benefits 401K matching, pention, etc. The union was killing productivity. Catapiller has roared back and they still have not hired many of the union workers back. They also were able to produce more products with 1/3 less people.
I think about 15% of the workers crossed the line to save their jobs. You can learn from the past and union's had their day and American companies are more than fair on compansation and working conditions. American companies are the safest and best in the world. Reality is tough but TWI will come back strong, most likely without this union.
By the way, I am neither management or employee. A keen investor in CAT and recent buyer of TWI.