[asterisk-biz] OT - Global capitalism

[Jaswinder Singh]

Well this kind of discussions are never ending . At present this might be
the case , since USA being capitalist economy, most of the businesses will
try to get more profit instead of thinking about various economical issues
of local people . Even though they are outsourcing to eastern countries,
still the eastern countries aren't gaining most of the profit . The main
income of the process is still in hands of American businesses . However
with time stability will definitely be there , people on eastern countries
that gets the experience from jobs outsourced to them in time will demand
more out of process and also an average joe in advanced countries will try
his best to be in the game . Currently the economy's of third world
countries are benefiting greatly from outsourced jobs so this is definitely
beneficial to them in long term and lays foundation for home grown
opportunities for them  . This is a slow process of shift of economic wealth
from western countries to third world countries and both are presently
profiting from this but in long term this will cost more to developed
countries while developing countries has nothing to lose  .

On 04/11/2007, Bill Michaelson <bill at cosi.com> wrote:
>
> Yes, the discussion is straying.
>
> I question the notion, offered as axiomatic, that the "hard won" living
> standard enjoyed by those born into industrialized nations is an
> entitlement - and suggest that those producing goods for export to say,
> the USA are hard winning they're own living standard. At some point (and
> we are seeing it with the beginning of inflation in China, and the
> export of outsourcing from India to more competitive locales),
> equalization occurs and the rich become competitive again.
>
> The part of capitalism that seems to make the comfortable squirm is that
> we must continue to compete with the hungriest. Can we only hope that
> someday we can assure a reasonable living standard with decent
> opportunity for advancement of strivers in all parts of the world? More
> than a hundred years of industrialization, and there are still people
> living at subsistence levels. What's wrong with this picture? And what
> does the disparity cost the rich?
>
> Henry L.Coleman wrote:
> > In a global economy any product or service of significant size is open
> to
> > price competition. In the United states and Canada the cost of employing
> > someone is many times higher than in the far east. We have to live in
> very
> > expensive society so we need more to live. Proponents of the Global
> > Economy keep saying that competition is good and raises the standard of
> > living for people in poor industrialized countries but it is my
> contention
> > that the rich countries get poorer at this expense. In other words, we
> in
> > the west are endangering our hard won high standard of living to raise
> the
> > level of far east countries which allow dumping of cheap goods on our
> > doorstep and into our stores.
> > For anyone going shopping in the USA or Canada today, check out how many
> > things are actually produced in the home market.
> >
> > That being said, this is an Asterisk forum not an economic debate so I
> > apologize for straying from the path.
> >
> >
>
> _______________________________________________
> --Bandwidth and Colocation Provided by http://www.api-digital.com--
>
> asterisk-biz mailing list
> To UNSUBSCRIBE or update options visit:
>    http://lists.digium.com/mailman/listinfo/asterisk-biz
>
>
-------------- next part --------------
An HTML attachment was scrubbed...
URL: http://lists.digium.com/pipermail/asterisk-biz/attachments/20071104/5b2a2a46/attachment.htm