That position has a few inaccurate assumptions. The first being that the machines of capitalism, corporate entities, are tied to geographical regions. Today Apple could just move its base of operations to a country. Willing to have it. That isn’t the US. All the company cares about is profit. It doesn’t care about profit while having its base of operations in the United States. If the political climate is too unpredictable and the profits aren’t easily obtainable, they’re going to move to some place where the profits are more easily obtainable.

Another assumption you’re making is that capitalism is the only solution. It really doesn’t make sense addressing this assumption. If you believe one way, my words on the internet aren’t going to make you believe it another way.

But another assumption implied in your thesis is that bringing back jobs is going to fix the problem. This conclusion fails to consider the fundamental nature of capitalism. Capitalism only prevails when there is constant growth of profit and more importantly for your position, growth of the consumer base. The reason why the United States were such successful Capitalists, was because of our booming population Post world war II. You had this constantly increasing stream of consumers that are necessary for the companies to make profit along with a stable and ever-growing manufacturing base. Those conditions don’t currently exist in the United States.

To that end, the countries at an advantage for the next capitalistic explosion are those with huge populations like India and China. So trying to win the international battle of capitalism is a losing proposition for the United States in the foreseeable future.