Milt nailed it. I believe we've been hypnotized with either becoming money managers and/or greedy lawyers. And some of those self-serving individuals have gone onto CEO-like status with their attitudes and figured out the farming of jobs overseas for cheaper wages ensures them their same or more share of the pie.
I see it from the animation perspective where nearly every current cartoon you see today is done by animation houses in Taiwan or Japan (though Taiwan is cheaper). Warner Bros. utilizes laisons who speak both English and the language used in the foreign country to translate script to action - which nonetheless never comes out correctly. You should see what happens to a Batman script in conjunction with an animation house in a foreign country (accept Australia or Canada). The film comes back and instantly the director has a fit!
Meanwhile, the higher-ups in a studio are raking in bucks because the animation is done on the cheap and looks generally lousy anyway as they use computers for it...