How Offshoring Has Destroyed the Economy
Nobel Laureate: Globalism Has Been Ruinous for Americans

http://www.counterpunch.org/roberts05312011.html
Date Written:  2011-05-31
Publisher:  CounterPunch
Year Published:  2011
Resource Type:  Article
Cx Number:  CX12596

All of economics is predicated on the notion that resources are inexhaustible, and that the only challenge is to use them most efficiently. But if resources are not inexhaustible and cannot be replicated by human capital, the world economy is being ruthlessly exploited to its detriment and to the detriment of life on earth.

Subject Headings

• Economy
• Globalization of Economy
• Offshoring
• U.S. Economy