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Old 15th May 2005, 18:52
  #18 (permalink)  
Re-Heat
 
Join Date: Dec 1999
Location: UK
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A worldwide sickout!
Otherwise known as being too spineless to call a legal, official strike.

for outsourcing read cutting Western employment levels
With a rudimentary understanding of the economics of outsourcing, you would know that national employement levels in countries that outsource do not fall, and that specialising in higher-skilled jobs raises productivity and consequently ensures growth and your future wealth. Arguments against outsourcing are often thinly veiled feelings of either xenophobia or insecurity as a result of those workers inadequacy to retrain.

If you knew anything at all, you would know that the financial services industry is in a highly robust shape as a result of outsourcing, and draws on talent that it has not been able to find out source in the countries that have initiated outsourcing.

Avman - your post simply encapsulates a gross misunderstanding of economics. While in many cases individually, economic growth can cause hardship where retraining is not to the nature of the individual or costly, it benefits far more of the population of that country through economic growth and increased benefits that an increase in wealth offers.

7006 fan - you wrongly assume that such labour can afford to live in Western countries on a non-Western salary, and are pandering to xenophobia as a result of your tenuous position, possible as you feel that you are unable to retrain. Trust me, you are able to retrain, and the future is not quite as dim as you currently see it.


You might better direct your efforts at ensuring sufficiently robust regulatory procedures globally to ensure that standards remain more than adequate at all locations globally.
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