While that is largely true, I don't see another scheme that would be unaffected. For example, a lot of what happened with consolidation was also due to efficien

While that is largely true, I don't see another scheme that would be unaffected. For example, a lot of what happened with consolidation was also due to efficiency and economy of scale, which would still be desirable even if profits weren't the main motive. The offshore and outsourcing has more to due with trade imbalance (not necessarily overall, but within specific sectors) and consumer preference (race to the bottom) than with profits. I think imbalance of where the profits end up is the bigger issue than profits themselves - the higher ups and the people with capital make sure they get a bigger slice of the pie while the average people/workers are left behind.