"But in the past, US companies have been able to increase their profits through downsizing in the US, through colonizing other people's resources, and through the increase of globalization"
- David Korten
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This quote by David Korten speaks with the history of United States business and their ability to increase revenues through different ways. Downsizing in the United States describes the practice of minimizing the number of staff members in order to reduce costs and increase profits. Colonizing other people's resources describes the exploitation of resources from other nations, typically through making use of unfair labor practices and environmental degradation. Finally, globalization describes the increased interconnectedness of the world economy, which has permitted US companies to access new markets and resources. All of these practices have made it possible for US companies to increase their profits, however at the cost of employees, neighborhoods, and the environment.
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