Computer software can now do boilerplate legal work, for instance, and make a first pass at reading X-rays and other medical scans. Likewise, thanks to technology, we can now easily have those scans read and interpreted by professionals half a world away.In 2007, the economist Alan Blinder, a former vice chairman of the Federal Reserve, estimated that between 22 and 29 percent of all jobs in the United States had the potential to be moved overseas within the next couple of decades.
Throughout history, for millions of people in less prosperous societies, the solution to such circumstances has been obvious: You sail away.So could America, that great nation of immigrants, become in harder times a nation of emigrants? Could the metropolises of China one day have Americatowns?Imagine a bustling one in the heart of Beijing. Local Chinese stream past, scratching their heads at those Americans who come just for money, never learning China’s language or customs, living in their own little world. The signs are all spelled out in Roman letters — even for local outfits like Zhongguo Jianshe Yinhang (China Construction Bank) and Hong Gao Liang (Red Sorghum, a fast food joint).
... a new social contract, in which the American people, through representatives whom they actually control, would ordain that American corporations are chartered to create jobs in the U.S. for American workers, and if that does not interest their shareholders and managers then they can do without legal privileges granted by the sovereign people, like limited liability.