In the 90’s alone more than 1 million American jobs moved abroad, and corporations in manufacturing downsize and reduce employment all the time when new technologies and more streamlined production is possible. But this is not a failure, this is a success. This has made it possible for labour and capital in America to go into the creation of new, higher-skill and higher-tech jobs. Without this process, the country would not have made way for the creative energy behind Silicon Valley or the massive growth in the health, service, leisure and entertainment industries for which there is an ever-increasing demand. The US may have lost 1,3 million jobs in the 90’s, but have during that decade, in total, on the net, gained more than 20 million new jobs.