Cisco moves even more to china.

Scott McGrath mcgrath at fas.harvard.edu
Fri Sep 24 17:18:57 UTC 2004



The current wave of outsourcing is driven by greed and greed alone.
What's going on now would make Gordon Gekko blush.   There is nothing
stopping the companies from paying the workers in India or China the
prevailing wage in the developed countries which would really accelerate
growth in these countries and would have the side effect of making the
playing field level as in let the best engineer win rather than the
cheapest.

Right now outsourcers are moving jobs from India to Bangladesh and Africa
because wages and the standard of living in India is rising so the
Indians are seeing what we see here in the US.

What is often forgotten is that innovation in an industry comes from its
practitioners not a collective of marketing types and "systems
archetects".   So by outsourcing we are sending the wellspring of
innovation and the attendant wealth creation elsewhere.

                            Scott C. McGrath

On Fri, 24 Sep 2004, Robin Lynn Frank wrote:

> On Fri, 24 Sep 2004 14:49:54 +0100 (IST)
> Paul Jakma <paul at clubi.ie> wrote:
>
> > > Modern capitalism does create a race to the bottom effect for labor
> > > which seems to have no end.
> >
> > This race exists because of imbalances in prosperity in world.
>
>
> This race exists because governments beholden to corporate interests,
> permit it to exist.  A US company that sacrifices the welfare of US
> workers for the sake of its bottom line, or to curry favor with a
> foreign government, is not one I care to do business with.
>
> I usually lurk, not post.  I just needed to say this.
>
>
> --
> Robin Lynn Frank
> Director of Operations
> Paradigm-Omega, LLC
> http://www.paradigm-omega.com
> ==============================
> Sed quis custodiet ipsos custodes?
>



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