Well, if Oracle or Microsoft or any company wants to find good talent at cheaper rates anywhere in the world, it's fine. However what is not fine is bringing them at cheaper than local rates to another locality/country. As one of the poster already mentioned "Its the Law". That is because it brings the cost of labor down in that locality and everyone in that industry gets hurt. In the long run, even the company who hired the person at lower price since the consumer is not stupid. In some time they will learn to negotiate the product at the lower price.

At the moment we don't even know what exactly are we measuring. Yes we might measure distance in terms of time taken by light to cover it but then what is time ? The concept of Scale might not be as easy to understand as it appears. A whole (alternate ? Micro ?) universe might actually exist inside a bacteria crawling under the tip of my fingers as I write this ? Can you prove that it doesn't ?