"What is the actual cost of greenhouse gases, for instance? If you create a marketplace mechanism to solve that problem, you will probably end up creating wealth, and people would stop doing the stupid things they do now because it doesn't cost them anything. The Soviet Union collapsed not because of communism or central planning, but because of corrupt accounting. They couldn't organize the means of production because everybody was lying about everything. It was a game of fake numbers, and when you do that, you get crap for answers. "
An interesting way of looking at ways to control pollution. Only if the motor companies actually allow it.
I have read these series of posts and i must say iam surprised to find many reasonable voices unlike the gloomy predictions in indian media.
Let me add an indian, pro-capitalist point of view. A decade and a half ago, india hadn't liberalised her economic system and i can vouch for the scarcity of jobs for educated people. The standard of living was low compared to even what it is today. When we started liberalisation of the economy, one of the immediate benefits was the ability of enterpreneurs to create jobs. People like Narayanamurthy of Infosys, Azim Premji of Wipro, Ramalingaraju of Satyam established indian IT industry on the world map.
Indian IT companies started off with the concept of body shopping where in they supplied low cost indian technicians to satiate growing appetite for Technology workers in USA. This was in the early to mid 90's. Then came the era of off shoring where in whole projects were moved to india to be delivered to the customer by a few on-shore workers. Nowadays the trend is towards remote management and complete off shoring with the emphasis being on follow the sun model. All the major indian companies like TCS, Infosys, wipro, and satyam now have development centers across the world, in countries ranging from Australia, Malaysia, Philippines, Bulgaria, China, UK and USA.
In that sense IBM is just following a global delivery model started off by these companies. That was the innovation brought in by these companies.
Some mentioned that, they are cheap indian labour. Let me tell you they are not by indian standards. IT workers are among the best paid in India on comparable basis with any other industry. Similar is the case with working conditions, HR practices and so on.
Another intersting point would be can IBM, Oracle, Micorsoft or for that matter any company that sees the world as its market be considered an American Company? I would say not. Corporates have become supra-national in terms of their employee profile, share holding pattern, target market etc.
So i dont think we need to blame the corporates for moving to locations where they get the best value for their money to get the job done.
Tomorrow if say fiji or tanzania create the right atmosphere for businesses to get work done at a lower cost compared to india then IBM would happily move work from india too.
So what are people supposed to do???
1) Keep updating themselves in their field. 2) Be willing to move from place to place even country to country to achieve the standard of living that they would want. Dont be attached to a place even if it is your country.
Slashdot Mirror
"What is the actual cost of greenhouse gases, for instance? If you create a marketplace mechanism to solve that problem, you will probably end up creating wealth, and people would stop doing the stupid things they do now because it doesn't cost them anything. The Soviet Union collapsed not because of communism or central planning, but because of corrupt accounting. They couldn't organize the means of production because everybody was lying about everything. It was a game of fake numbers, and when you do that, you get crap for answers. " An interesting way of looking at ways to control pollution. Only if the motor companies actually allow it.
I have read these series of posts and i must say iam surprised to find many reasonable voices unlike the gloomy predictions in indian media.
Let me add an indian, pro-capitalist point of view. A decade and a half ago, india hadn't liberalised her economic system and i can vouch for the scarcity of jobs for educated people. The standard of living was low compared to even what it is today. When we started liberalisation of the economy, one of the immediate benefits was the ability of enterpreneurs to create jobs. People like Narayanamurthy of Infosys, Azim Premji of Wipro, Ramalingaraju of Satyam established indian IT industry on the world map.
Indian IT companies started off with the concept of body shopping where in they supplied low cost indian technicians to satiate growing appetite for Technology workers in USA. This was in the early to mid 90's. Then came the era of off shoring where in whole projects were moved to india to be delivered to the customer by a few on-shore workers. Nowadays the trend is towards remote management and complete off shoring with the emphasis being on follow the sun model. All the major indian companies like TCS, Infosys, wipro, and satyam now have development centers across the world, in countries ranging from Australia, Malaysia, Philippines, Bulgaria, China, UK and USA.
In that sense IBM is just following a global delivery model started off by these companies. That was the innovation brought in by these companies.
Some mentioned that, they are cheap indian labour. Let me tell you they are not by indian standards. IT workers are among the best paid in India on comparable basis with any other industry. Similar is the case with working conditions, HR practices and so on.
Another intersting point would be can IBM, Oracle, Micorsoft or for that matter any company that sees the world as its market be considered an American Company? I would say not. Corporates have become supra-national in terms of their employee profile, share holding pattern, target market etc.
So i dont think we need to blame the corporates for moving to locations where they get the best value for their money to get the job done.
Tomorrow if say fiji or tanzania create the right atmosphere for businesses to get work done at a lower cost compared to india then IBM would happily move work from india too.
So what are people supposed to do???
1) Keep updating themselves in their field.
2) Be willing to move from place to place even country to country to achieve the standard of living that they would want. Dont be attached to a place even if it is your country.