Technology, in turn, will make that cheaper foreign labour obsolete; outsourcing manufacturing only accelerates the inevitable job losses that will happen.
That is not to say that outsourcing is a good thing, but blaming our problems on it ignores a large issue that we will face in the near future.
I never thought of it that way. It would be interesting to see the change in average wages for the entire globe over the past 50 years considering how many relatively good paying industrial age jobs have been outsourced to serf and slave labor in "3rd world" areas
There isn't really anything we can do about it. Creating all the laws in the world will only ensure the mass exodus of companies that want to compete globally.
Workers need to give a company a reason to hire them.