sent2null space

The modern world and the diminishing returns of educating an ever increasing population. Podcast: http://davidsaintloth.podbean.com/2011/09/27/your-power-is-in-your-mind/ One of the biggest catalysts of change in the global economy has been the unleashing of the massive people power behind the borders of countries like China, India and even Russia. These massive pools of human resource combine two types of human potential that prior to their release on world markets were restricted to the respective economies of the countries that contained them. The large number of individuals and the potential for physical labor that they represent has allowed China and India in particular to leverage the low cost for physical labor in their borders to produce powerhouse manufacturing facilities for western corporations that were experiencing years of slowed growth under the increased cost load incurred by the much higher physical labor costs in their native western markets. The redistribution of...