An easy method for corporations to maximize their profits and avoid the unions at the same time. Basically, it involves moving one's business to another part of the world where people will willingly under slavelike conditions and for 1/10 the pay of a Poverty-Class American worker.
See outsource and globalization for more definitions.
Outsourcing is creating a major economic boom, but piss-poor levels of domestic job growth because the Third World has all the employees the corporations need.
Oh, and the executives are pocketing the profits too.
Prices shown in USD.
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