alt Hacker NewsThat's not how economics works. The pie is not fixed, it tends to grow over time as there's more trade between countries and their economies get bigger. The global economic pie has increased a massive amount over the past century.
That's not how economics works. The pie is not fixed, it tends to grow over time as there's more trade between countries and their economies get bigger. The global economic pie has increased a massive amount over the past century.
the trade has increased because jobs have been offshored, corporations have been running labor cost arbitrage and making a profit from a difference in labor cost in US vs elsewhere