I can answer that question. Services are the other 80% of the economy. The two were supposed to be gutted together back in the 90s but services got hung up in negotiations between the various groups that all wanted their cut. Every two years, they meet, the Uruguay Round, Seattle, the Cancun talks, Doha, Hong Kong, Bali, Geneva in between, again and again, Nairobi and most recently Buenos Aires. They need international involvement (multilateralism) they claim that legitimates the end run around democracy! I don't think so. But read it for yourself! (See "Golden Straightjacket" "Globalization Trilemma" on places like the WEForum site (the Davos people) and so on) Now the latest story is that it helps poor people (Really, I couldn't make this up!) to prop up the people who oppress them the most. And find
jobs for their children. Especially if they don't pay!? The "poor" countries want the jobs and other concessions in exchange for their companies to broker in exchange for cooperation in their con game against the mutually resented soon to be former middle class.
It's their entitlement!Automation would have taken ten or twenty more years to decimate the number of jobs that services liberalization can probably offshore or onshore in just two or three.
Things do largely get better overall, but not everything does. Automation has taken over countless jobs but rather than the person who formerly did that job sitting back and enjoying themselves while the machine does the work for them, they are out of a job and the owner of the company pockets what used to be their paycheck. Manufacturing in most first world nations has been gutted, what is next?
Services. Of course under global value chains it makes no sense to do anything expensive in the developed countries that can be done for less in the two dollar a day or less countries. Thats their new middle class. But of course only an idiot would delude themselves into thinking that will create any kind of other middle class anywhere else. But that is the totally debunked argument that they still repeat. All knowing its total hogwash. They are literally following the killing the goose that laid the golden egg fable as if they were in a trance. Groupthink has captured their common sense clean away.
If you look at history its just full of really huge disasters where people thought some ideologically obsessed ruling entity that had other priorities was going to help them and that it wouldn't let things just fall apart, but it did. Changing so many things all at once like they are doing, behind everybody's backs, basically changing the entire world's government in order to make money everything instead of not everything, is a mistake. We need some common sense. But we don't have any honesty from any of these entities, its not in their vocabulary.