Globalization and Outsourcing

Outsourcing effects the whole world today. Almost every job and all labor is outsourced to another country. Whether it be America outsourcing to China or China outsourcing to another country nothing is made at "home" anymore. Everything is being produced outside of the country and it is being done so because of the decrease in the cost of labor. Noam Chomsky speaks in a video regarding outsourcing in hopes that it would create a more global economy. When it began it was the hope that countries would work more closely with one another. However, it has lead to people going to school to learn economics for the use in war and drugs as result of resentment for decreased wages and lost jobs. Outsourcing has lead to the economic situation that we see in the United States today. Everything is made in China, or Korea nothing is made in America anymore and if it is, it comes as a surprise.