You believe the status quo must be kept as is, even in a shifting global economy.
Oh, so we're free to buy goods and housing at third world prices? All the CEO's that make more than $500k a year have been fired and replaced with MBA's from India? No and no you say? Then it sounds like the "global economy" is still really a "capitalist crock of shit".
Other than locally grown food, the price of durable goods is pretty consistent around the world. I've been there, I know. So your strawman "third world pricing" falls apart pretty fast. Do you have any example of this pricing disparity? If you find any, yes, you are free to purchase and import at will.
And yes there are tons of MBA's from India over here. My MBA class (class of '07) was roughly 1/3 China, 1/3 India and 1/3 north america/europe. That mix is typical for most top end MBA programs. Some go back to India/China, some stay here.
Perhaps your problem is you don't really understand what "global" means, or appreciate the benefits you get from it.