I dont quite understand your basic model, but I am all for it as long as it benefits the declinuing middle class. (In America...not globally)
Benefits to the globe mean more people outside of America will be able to spend money on American products, further enriching America.
Perhaps it is why I fear socialism.
Socialism suggests that the workers should get a bigger slice of the pie - that is they are rewarded more equitably for the value their labour adds to the the product. This is surely how one goes about benefiting the declining middle class?