The present global outsourcing trend that we are witnessing is but a result of the Globalization that United States has so vigorously and relentlessly has been and will continue to pursue.
In this new world of 'free trade' where countries are persuaded ( read arm twisted ) to indiscriminately open up their economies to American and other western Multi-National Corporations, little attention has been given to the plight of the local people in whose countries the MNCs operate.
In the agro-based industry, these MNCs flood the local markets with highly subsidised produce that they sell in the local regions, thereby destroying their economies and lives. This phenomenon is widespread in Africa and spreading to other poor nations.
Even in other industries, these MNCs take over the local business and destroy the local industry, making the local people loose jobs.
The Americans go around the world explaining to everyone the 'benefits' of opening up their economy to allow free flow of goods and services. However, when its their turn, they do not follow what they preach!
One cannot have a cake and eat it too. While the multi-billion dollar American companies can have easy access to all countries, they turn protectionists in their own backyard. This is another glaring example of hypocrisy !
Now we are in a situation where the whole world is becoming an economically integrated place ( and Americans are the ones who had a major role in making the world so ) and globalization means the Forces of Economics - namely, Demand and Supply will always regulate the trade of goods and services.
In this scenario, it is only natural that businesses will (like always) go for the cost -benefit analysis. And the conclusions of such analysis revels that they can cut cost by 40-80% by outsourcing, while maintaining the quality, then so be it !
The laws of economics are at work, just like a consumer will always go for some product that is cheaper and better than the product of rival, same way the corporations will behave in a similar fashion.
Corporations save cost and this helps them to not just avoid bankruptcy but grow further. This situation will obviously be much better than Americans getting laid off in the event of the corporation going bust in a recession economy that they have been experiencing. So if, in a case where, a corporation is just giving the benefits it gets from outsourcing to its CEOs then its not the problem that was created by outsourcing, that problem was inherent in the American business ethics and it's the Americans who need to plug that hole, and this problem is prevalent across the board, whether the corporation outsourcers or not !
Water always seeks its own level. And outsourcing is done for mutual benefit of the concerned countries. So if you want the entire world to open up, surely you cannot expect to remain protectionist !
All of us have to now bear the good effects and the ill-effects of globalisation and free trade that the Americans themselves have unleashed on the world ! so you cant hide from it now.
The present global outsourcing trend that we are witnessing is but a result of the Globalization that United States has so vigorously and relentlessly has been and will continue to pursue. In this new world of 'free trade' where countries are persuaded ( read arm twisted ) to indiscriminately open up their economies to American and other western Multi-National Corporations, little attention has been given to the plight of the local people in whose countries the MNCs operate. In the agro-based industry, these MNCs flood the local markets with highly subsidised produce that they sell in the local regions, thereby destroying their economies and lives. This phenomenon is widespread in Africa and spreading to other poor nations. Even in other industries, these MNCs take over the local business and destroy the local industry, making the local people loose jobs. The Americans go around the world explaining to everyone the 'benefits' of opening up their economy to allow free flow of goods and services. However, when its their turn, they do not follow what they preach! One cannot have a cake and eat it too. While the multi-billion dollar American companies can have easy access to all countries, they turn protectionists in their own backyard. This is another glaring example of hypocrisy !
Now we are in a situation where the whole world is becoming an economically integrated place ( and Americans are the ones who had a major role in making the world so ) and globalization means the Forces of Economics - namely, Demand and Supply will always regulate the trade of goods and services. In this scenario, it is only natural that businesses will (like always) go for the cost -benefit analysis. And the conclusions of such analysis revels that they can cut cost by 40-80% by outsourcing, while maintaining the quality, then so be it ! The laws of economics are at work, just like a consumer will always go for some product that is cheaper and better than the product of rival, same way the corporations will behave in a similar fashion. Corporations save cost and this helps them to not just avoid bankruptcy but grow further. This situation will obviously be much better than Americans getting laid off in the event of the corporation going bust in a recession economy that they have been experiencing. So if, in a case where, a corporation is just giving the benefits it gets from outsourcing to its CEOs then its not the problem that was created by outsourcing, that problem was inherent in the American business ethics and it's the Americans who need to plug that hole, and this problem is prevalent across the board, whether the corporation outsourcers or not !
Water always seeks its own level. And outsourcing is done for mutual benefit of the concerned countries. So if you want the entire world to open up, surely you cannot expect to remain protectionist !
All of us have to now bear the good effects and the ill-effects of globalisation and free trade that the Americans themselves have unleashed on the world ! so you cant hide from it now.
Slashdot Mirror
The present global outsourcing trend that we are witnessing is but a result of the Globalization that United States has so vigorously and relentlessly has been and will continue to pursue. In this new world of 'free trade' where countries are persuaded ( read arm twisted ) to indiscriminately open up their economies to American and other western Multi-National Corporations, little attention has been given to the plight of the local people in whose countries the MNCs operate. In the agro-based industry, these MNCs flood the local markets with highly subsidised produce that they sell in the local regions, thereby destroying their economies and lives. This phenomenon is widespread in Africa and spreading to other poor nations. Even in other industries, these MNCs take over the local business and destroy the local industry, making the local people loose jobs. The Americans go around the world explaining to everyone the 'benefits' of opening up their economy to allow free flow of goods and services. However, when its their turn, they do not follow what they preach! One cannot have a cake and eat it too. While the multi-billion dollar American companies can have easy access to all countries, they turn protectionists in their own backyard. This is another glaring example of hypocrisy ! Now we are in a situation where the whole world is becoming an economically integrated place ( and Americans are the ones who had a major role in making the world so ) and globalization means the Forces of Economics - namely, Demand and Supply will always regulate the trade of goods and services. In this scenario, it is only natural that businesses will (like always) go for the cost -benefit analysis. And the conclusions of such analysis revels that they can cut cost by 40-80% by outsourcing, while maintaining the quality, then so be it ! The laws of economics are at work, just like a consumer will always go for some product that is cheaper and better than the product of rival, same way the corporations will behave in a similar fashion. Corporations save cost and this helps them to not just avoid bankruptcy but grow further. This situation will obviously be much better than Americans getting laid off in the event of the corporation going bust in a recession economy that they have been experiencing. So if, in a case where, a corporation is just giving the benefits it gets from outsourcing to its CEOs then its not the problem that was created by outsourcing, that problem was inherent in the American business ethics and it's the Americans who need to plug that hole, and this problem is prevalent across the board, whether the corporation outsourcers or not ! Water always seeks its own level. And outsourcing is done for mutual benefit of the concerned countries. So if you want the entire world to open up, surely you cannot expect to remain protectionist ! All of us have to now bear the good effects and the ill-effects of globalisation and free trade that the Americans themselves have unleashed on the world ! so you cant hide from it now.
The present global outsourcing trend that we are witnessing is but a result of the Globalization that United States has so vigorously and relentlessly has been and will continue to pursue.
In this new world of 'free trade' where countries are persuaded ( read arm twisted ) to indiscriminately open up their economies to American and other western Multi-National Corporations, little attention has been given to the plight of the local people in whose countries the MNCs operate.
In the agro-based industry, these MNCs flood the local markets with highly subsidised produce that they sell in the local regions, thereby destroying their economies and lives. This phenomenon is widespread in Africa and spreading to other poor nations.
Even in other industries, these MNCs take over the local business and destroy the local industry, making the local people loose jobs.
The Americans go around the world explaining to everyone the 'benefits' of opening up their economy to allow free flow of goods and services. However, when its their turn, they do not follow what they preach!
One cannot have a cake and eat it too. While the multi-billion dollar American companies can have easy access to all countries, they turn protectionists in their own backyard. This is another glaring example of hypocrisy !
Now we are in a situation where the whole world is becoming an economically integrated place ( and Americans are the ones who had a major role in making the world so ) and globalization means the Forces of Economics - namely, Demand and Supply will always regulate the trade of goods and services.
In this scenario, it is only natural that businesses will (like always) go for the cost -benefit analysis. And the conclusions of such analysis revels that they can cut cost by 40-80% by outsourcing, while maintaining the quality, then so be it !
The laws of economics are at work, just like a consumer will always go for some product that is cheaper and better than the product of rival, same way the corporations will behave in a similar fashion.
Corporations save cost and this helps them to not just avoid bankruptcy but grow further. This situation will obviously be much better than Americans getting laid off in the event of the corporation going bust in a recession economy that they have been experiencing. So if, in a case where, a corporation is just giving the benefits it gets from outsourcing to its CEOs then its not the problem that was created by outsourcing, that problem was inherent in the American business ethics and it's the Americans who need to plug that hole, and this problem is prevalent across the board, whether the corporation outsourcers or not !
Water always seeks its own level. And outsourcing is done for mutual benefit of the concerned countries. So if you want the entire world to open up, surely you cannot expect to remain protectionist !
All of us have to now bear the good effects and the ill-effects of globalisation and free trade that the Americans themselves have unleashed on the world ! so you cant hide from it now.