Unregulated capitalism may not work, but your reason is flawed.
You are oversimplifying. It is 100% untrue that the only tech jobs going to India are "programming html". I work for a company that has oursourced around 40-50% of it's Java development staff to India.
Every year there are hundreds of thousands of grads coming out of Indian schools with a CS degree, just like the rest of us. I don't know if the degrees are considered completely equivalent yet, but we have proof that they're obviously good enough -- since the jobs are going there. And even if they aren't considered equivalent yet, they soon will be as more money is pumped into their university system.
So more and more highly skilled jobs are heading over there, and almost every company openly acknowledges this.
However, I don't agree with replacing existing employees with lower-cost equivalents. This is unethical, and proves how Capitalism has failed us. Corporations aren't socially responsible, and they get less so every day as they chase the next dollar.
To be honest, I can't say I fault the Corporations for this. We're the ones who allowed Corporations to be created as faceless entities that can't really be held accountable for anything. The real fault lies in us, the population, who have become much too complacent and allow it to continue.
I listened to a debate similar to this once in an economics class I was in. The professor, who believed the digital revolution is having an impact, argued that it's just not as noticeable as other revolutions. The reason for this is because it doesn't let us do anything entirely new, it just lets us do things much faster. His example was the building of the Interstate Highways. These allowed, for the first time, easy access to any part of the US, opening up many new opportunities.
Even though I fully believe in the Digital Revolution, I can't help conceeding that he has a good point.:)
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Unregulated capitalism may not work, but your reason is flawed.
You are oversimplifying. It is 100% untrue that the only tech jobs going to India are "programming html". I work for a company that has oursourced around 40-50% of it's Java development staff to India.
Every year there are hundreds of thousands of grads coming out of Indian schools with a CS degree, just like the rest of us. I don't know if the degrees are considered completely equivalent yet, but we have proof that they're obviously good enough -- since the jobs are going there. And even if they aren't considered equivalent yet, they soon will be as more money is pumped into their university system.
So more and more highly skilled jobs are heading over there, and almost every company openly acknowledges this.
However, I don't agree with replacing existing employees with lower-cost equivalents. This is unethical, and proves how Capitalism has failed us. Corporations aren't socially responsible, and they get less so every day as they chase the next dollar.
To be honest, I can't say I fault the Corporations for this. We're the ones who allowed Corporations to be created as faceless entities that can't really be held accountable for anything. The real fault lies in us, the population, who have become much too complacent and allow it to continue.
I listened to a debate similar to this once in an economics class I was in. The professor, who believed the digital revolution is having an impact, argued that it's just not as noticeable as other revolutions. The reason for this is because it doesn't let us do anything entirely new, it just lets us do things much faster. His example was the building of the Interstate Highways. These allowed, for the first time, easy access to any part of the US, opening up many new opportunities.
:)
Even though I fully believe in the Digital Revolution, I can't help conceeding that he has a good point.