In America, globalism meant the accelerated dismantling of the nation's manufacturing base and its reassignment to other countries where labor was di… - James Howard Kunstler

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In America, globalism meant the accelerated dismantling of the nation's manufacturing base and its reassignment to other countries where labor was dirt cheap and environmental regulations did not apply. It also meant the ramping up of a “service economy” or, more properly, the myth of a service economy to replace the old manufacturing economy. […] It was… absurd. It was like the old joke about the village that prospered because the inhabitants were all employed taking in each other’s laundry. In fact, far fewer actual things of value were being created in the service economy. […] It was assumed, for instance, that computers… boosted productivity. Much of that gain was either illusory or fraught with collateral social and economic losses of other kinds. Companies that reported higher productivity were shedding employees like mad and the entire ethos of work in America was being transformed from one of [the] people having secure careers and permanent positions with reliable companies to one of institutionalized insecurity for… everyone below top management in a new general atmosphere of Darwinian corporate ruthlessness—under the rubric of "free-market competition."