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<a href="https://www.paulcraigroberts.org/author/algol/" title="Posts by algol" rel="author">algol</a><span class="pk_meta_divider">|</span><a href="https://www.paulcraigroberts.org/2004/05/10/">10</a> <a href="https://www.paulcraigroberts.org/2004/05/">May</a>, <a href="https://www.paulcraigroberts.org/2004/">2004</a><span class="pk_meta_divider">|</span>Categories: <a href="https://www.paulcraigroberts.org/category/articles/" rel="category tag">Articles & Columns</a><span class="pk_meta_divider">|</span>Tags: <a href="https://www.paulcraigroberts.org/tag/paul-craig-roberts-offshoring-outsourcing/" rel="tag">paul craig roberts offshoring outsourcing</a></p> </div> <div class="pk_one_fifth pk_last"> </div> </div>   <div class="pk_entry_content"> <p>Moving jobs overseas can cut a company’s costs. But is it bad for the U.S. economy? Two economists debate the issue. [br][br] By TIMOTHY AEPPEL聽 Staff Reporter of THE WALL STREET JOURNAL May聽10,聽2004;聽Page聽R6[br][br] Does offshore outsourcing hurt the U.S. economy by draining away jobs and investment, or does it ultimately make the U.S. stronger? Is it a cost-cutting tactic that…</p> <a href="https://www.paulcraigroberts.org/2004/05/10/offshore-face-off-paul-craig-roberts-vs-jagdish-bhagwati/" title="Read more »" class="pk_button_small"><span>Read more »</span></a> </div>  </div>       <div id="post-4880" class="pk_entry pk_entry_full post-4880 post type-post status-publish format-standard hentry category-scholarship-summaries tag-crisis tag-karl-marx tag-marx tag-paul-craig tag-soviet tag-theory">  <h3 class="pk_entry_title"><a href="https://www.paulcraigroberts.org/2004/04/07/memoir-critique-my-time-with-karl-marx/" title="Memoir & Critique – My Time with Karl Marx" rel="bookmark">Memoir & Critique – My Time with Karl Marx</a></h3>   <div class="pk_entry_meta"> <div class="pk_four_fifth"> <p>By: <a href="https://www.paulcraigroberts.org/author/algol/" title="Posts by algol" rel="author">algol</a><span class="pk_meta_divider">|</span><a href="https://www.paulcraigroberts.org/2004/04/07/">07</a> <a href="https://www.paulcraigroberts.org/2004/04/">April</a>, <a href="https://www.paulcraigroberts.org/2004/">2004</a><span class="pk_meta_divider">|</span>Categories: <a href="https://www.paulcraigroberts.org/category/articles/scholarship-summaries/" rel="category tag">Scholarship Summaries</a><span class="pk_meta_divider">|</span>Tags: <a href="https://www.paulcraigroberts.org/tag/crisis/" rel="tag">Crisis</a> . <a href="https://www.paulcraigroberts.org/tag/karl-marx/" rel="tag">Karl Marx</a> . <a href="https://www.paulcraigroberts.org/tag/marx/" rel="tag">Marx</a> . <a href="https://www.paulcraigroberts.org/tag/paul-craig/" rel="tag">Paul Craig</a> . <a href="https://www.paulcraigroberts.org/tag/soviet/" rel="tag">Soviet</a> . <a href="https://www.paulcraigroberts.org/tag/theory/" rel="tag">Theory</a></p> </div> <div class="pk_one_fifth pk_last"> </div> </div>   <div class="pk_entry_content"> <p>This article appeared in the Spring 2004 issue of The Independent Review My path to Karl Marx was through my work on the Soviet economy. Sovietologists had difficulty comprehending the organizational nature of the Soviet economy because they were uninformed about its Marxian aspirations. Sovietologists regarded Marx as irrelevant to an understanding of the Soviet economy. Alexander Gerschenkron, one of…</p> <a href="https://www.paulcraigroberts.org/2004/04/07/memoir-critique-my-time-with-karl-marx/" title="Read more »" class="pk_button_small"><span>Read more »</span></a> </div>  </div>       <div id="post-5085" class="pk_entry pk_entry_full post-5085 post type-post status-publish format-standard hentry category-articles tag-comments-on-it-outsourcing">  <h3 class="pk_entry_title"><a href="https://www.paulcraigroberts.org/2004/03/22/guest-commentary-the-harsh-truth-about-outsourcing/" title="Guest Commentary: The Harsh Truth About Outsourcing" rel="bookmark">Guest Commentary: The Harsh Truth About Outsourcing</a></h3>   <div class="pk_entry_meta"> <div class="pk_four_fifth"> <p>By: <a href="https://www.paulcraigroberts.org/author/algol/" title="Posts by algol" rel="author">algol</a><span class="pk_meta_divider">|</span><a href="https://www.paulcraigroberts.org/2004/03/22/">22</a> <a href="https://www.paulcraigroberts.org/2004/03/">March</a>, <a href="https://www.paulcraigroberts.org/2004/">2004</a><span class="pk_meta_divider">|</span>Categories: <a href="https://www.paulcraigroberts.org/category/articles/" rel="category tag">Articles & Columns</a><span class="pk_meta_divider">|</span>Tags: <a href="https://www.paulcraigroberts.org/tag/comments-on-it-outsourcing/" rel="tag">comments on it outsourcing</a></p> </div> <div class="pk_one_fifth pk_last"> </div> </div>   <div class="pk_entry_content"> <p>The Harsh Truth About Outsourcing was published in BUSINESSWEEK, March 2004[br][br] It’s not a mutually beneficial trade practice — it’s outright labor arbitrage聽[br][br] Economists are blind to the loss of American industries and occupations because they believe these results reflect the beneficial workings of free trade. Whatever is being lost, they think, is being replaced by something as good or…</p> <a href="https://www.paulcraigroberts.org/2004/03/22/guest-commentary-the-harsh-truth-about-outsourcing/" title="Read more »" class="pk_button_small"><span>Read more »</span></a> </div>  </div>       <div id="post-101884" class="pk_entry pk_entry_full post-101884 post type-post status-publish format-standard hentry category-articles">  <h3 class="pk_entry_title"><a href="https://www.paulcraigroberts.org/2004/01/06/second-thoughts-on-free-trade/" title="Second Thoughts on Free Trade" rel="bookmark">Second Thoughts on Free Trade</a></h3>   <div class="pk_entry_meta"> <div class="pk_four_fifth"> <p>By: <a href="https://www.paulcraigroberts.org/author/pcr3/" title="Posts by pcr3" rel="author">pcr3</a><span class="pk_meta_divider">|</span><a href="https://www.paulcraigroberts.org/2004/01/06/">06</a> <a href="https://www.paulcraigroberts.org/2004/01/">January</a>, <a href="https://www.paulcraigroberts.org/2004/">2004</a><span class="pk_meta_divider">|</span>Categories: <a href="https://www.paulcraigroberts.org/category/articles/" rel="category tag">Articles & Columns</a></p> </div> <div class="pk_one_fifth pk_last"> </div> </div>   <div class="pk_entry_content"> <p>Second Thoughts on Free Trade By Charles Schumer and Paul Craig Roberts ”I was brought up, like most Englishmen, to respect free trade not only as an economic doctrine which a rational and instructed person could not doubt but almost as a part of the moral law,” wrote John Maynard Keynes in 1933. And indeed, to this day, nothing gets…</p> <a href="https://www.paulcraigroberts.org/2004/01/06/second-thoughts-on-free-trade/" title="Read more »" class="pk_button_small"><span>Read more »</span></a> </div>  </div>    </div>  </div>   <aside id="pk_sidebar"> <div id="pk_sidebar_content">  <div class="pk_widget"> <form role="search" method="get" id="searchform" class="searchform" action="https://www.paulcraigroberts.org/"> <div> <label class="screen-reader-text" for="s">Search for:</label> <input type="text" value="" name="s" id="s" /> <input type="submit" id="searchsubmit" value="Search" /> </div> </form> </div>  <div class="pk_widget"><h5>Timeline</h5><ul><li><a href="https://www.paulcraigroberts.org/2025/" class="flexo-link" title="Year 2025 archives" >2025</a><ul class="flexo-list"> <li><a href='https://www.paulcraigroberts.org/2025/01/'>January</a> (114)</li> <li><a href='https://www.paulcraigroberts.org/2025/02/'>February</a> (56)</li> </ul></li></ul><ul><li><a 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