Good post, I agree with you on most points. Capitalism and greed go hand in hand, and while the production of goods becomes ruthlessly efficient at cutting costs, this also means that for everyday people, they become less relevant if they are too expensive and then replaced. Like you said, first corporations began to consolidate departments within themselves, cutting off the hiring of outside groups to do extra work. Then some time later, jobs are outsourced to other countries which helps those countries develop; however, home country citizens lose jobs. And now with the rise of automation, AI and robots, human labor becomes less relevant as profits soar every higher.
The idea you propose, of localizing resource production to a geographic area, is definitely interesting. It means every area then becomes self sufficient, and giving residents job security as every profession needs a job. But limiting based on geography alone punishes, I think, those who live in remote areas with lower populations, or even simply places that are more suburban in nature.
I'd be more inclined to pursue something that swings the greed pendulum back somewhat. It means higher taxes on profits, probably, but ideally wouldn't destroy the motivation to be successful. Steemit itself has the basic income group; I think profit funded basic income for all people may at least provide everyone with an acceptable minimum standard of living. It's not that we can or should completely eliminate inequality, but we absolutely should make sure that inequality isn't so massive like it is today.
Enjoyed your commentary, it was very thought provoking