Looking at the data for the US, there seems to be an even more exponential curve between 2015-2020, which would imply that these trends could have been further exacerbated by the reduction of government regulation. The same is likely true for the concentration of wealth, the loss in small businesses, disenfranchisement, etc.
Regulation has driven a lot of industry out of America, as it made it too expensive to operate here.
In what area has government been reduced?
In tech, while there are some regulations, I definitely believe that more need to be established, especially regarding the topic of the article. Tech is a bit too loose right now, with the exception of the health industry.
Are you sure? Hasn't government K-12 spending per student increased far faster than inflation? And how about all that federal money for student loans?
Keep in mind that money always comes with strings attached.
Do you have any sources? I think most offshoring is driven by significantly lower labor costs in other countries. For example, China has a highly controlled economy, but American companies still offshore work there simply because labor is cheaper. Indeed, we've seen some "onshoring" in recent years[1] now that automation is far more prevalent and labor cost is less significant as a portion of operating costs.
[1] https://www.engineering.com/story/automation-is-making-onsho...