economy

Plutonomy, a term that combines, "plutocracy" and "economy,"  refers to an economy in which growth is confined to people at the very top of the wealth pyramid. The term was coined by hip investment and marketing advisers to characterize the U.S. economy. That they use it not out of alarm or moral outrage over extreme injustice, but rather as a guide to framing profitable investment and marketing strategies, is one of the many indicators of the moral corruption of the system.

International Competition refers to the international competition for markets, technology, and jobs created when economic globalization merges national markets into a single unregulated global market.As presented to the public, international competition unleashes the ability of market forces to drive efficiency and innovation to the benefit of all.