Comment Re:Advocates of freedom don't advocate this. (Score 1) 1084
The redistribution of wealth in order to help out underdeveloped area, as a concept doesn't have a problem, nor do I with it. Every human has a right a decent life. Except none of these companies actually gives a crap about that.
The problem as I see is that this is not what's going on to happen. The people who end up really profiting are the same ones as before, except they profit more. They profit more by cutting their costs. They cut their costs by going for cheaper labor. If right now 80% of the wealth is in hands of 20%, what's going to happen is 90% of the wealth in the hands of 10%. And so on. Towards the end this isn't going to lead to the rising of the gobal living standard, but the overall lowering of the living standard. Eventually, the US will have to Lower its living standard in order to be able to deal with accepting lower wages in order to keep any jobs at home. What's going to happen then is yet another underdeveloped country is going to come in and offer sweatshop labor at next to zero cost. At that point, both the US and India will bitch just as the US (and other already developed countries) is bitching now.
Calling what is happening "redistribuition" of wealth is crap. If ALL what was happening is redistributing wealth, then overall net revenues/profits for companies would stay the same, given we're redistributing the same wealth among the less developed. But if that was the case, no company would do it. The fact these companies are outsourcing because it raises their profit margin and their bank out. The only people who benefit are the already rich entities.
Towards the end it doesn't matter really. The real problem is the overpopulation of the world, and the lack of resources to go around. A couple of big global wars are going to take of that tho don't worry. What do you think the situation in the Middle East is. It's barely the appetizer for a much larger conflict. If I was you, I'd say screw the IT industry, learn as much as you can about hunting, substinence farming and other basic survival skills., and go get a cottage somewhere in Northern Canada, or maybe New Zealand. Good luck to all of you. You'll need it in the next 20 years. For me, I'm gonna go to the store and buy a few metric tons of canned food and radiation safe containers, and a few hundred cases of maximum rated sun block.
The problem as I see is that this is not what's going on to happen. The people who end up really profiting are the same ones as before, except they profit more. They profit more by cutting their costs. They cut their costs by going for cheaper labor. If right now 80% of the wealth is in hands of 20%, what's going to happen is 90% of the wealth in the hands of 10%. And so on. Towards the end this isn't going to lead to the rising of the gobal living standard, but the overall lowering of the living standard. Eventually, the US will have to Lower its living standard in order to be able to deal with accepting lower wages in order to keep any jobs at home. What's going to happen then is yet another underdeveloped country is going to come in and offer sweatshop labor at next to zero cost. At that point, both the US and India will bitch just as the US (and other already developed countries) is bitching now.
Calling what is happening "redistribuition" of wealth is crap. If ALL what was happening is redistributing wealth, then overall net revenues/profits for companies would stay the same, given we're redistributing the same wealth among the less developed. But if that was the case, no company would do it. The fact these companies are outsourcing because it raises their profit margin and their bank out. The only people who benefit are the already rich entities.
Towards the end it doesn't matter really. The real problem is the overpopulation of the world, and the lack of resources to go around. A couple of big global wars are going to take of that tho don't worry. What do you think the situation in the Middle East is. It's barely the appetizer for a much larger conflict. If I was you, I'd say screw the IT industry, learn as much as you can about hunting, substinence farming and other basic survival skills., and go get a cottage somewhere in Northern Canada, or maybe New Zealand. Good luck to all of you. You'll need it in the next 20 years. For me, I'm gonna go to the store and buy a few metric tons of canned food and radiation safe containers, and a few hundred cases of maximum rated sun block.
