I’ve just been thinking about this recently. Remote work is getting quite common, if a job can be done remotely there is no reason it can’t be sent overseas. If you’ve read Marx you know that commercial capital does not add value, all it does is bring things from areas of low demand to those of higher demand to bring in profit.

What jobs would be left in the first world in this case? Service jobs. I’m skeptical on service jobs alone being enough to hold an economy together. They are low paying and largely serve those who make more than them. A major if not main portion of which are office workers. It seems like this will at least cause the unemployment rate to skyrocket if not collapse the economy entirely.

Been thinking about this recently.