Bush's "pepperoni" defence of outsourcing. "India's middle class is buying air-conditioners, kitchen appliances and washing machines, and a lot of them from American companies like GE and Whirlpool and Westinghouse. And that means their job base is growing here in the United States. Younger Indians are acquiring a taste for pizzas from Domino's, Pizza Hut..."
posted by insomnia_lj on Feb 23, 2006 - 90 comments

Outsource Your Own Job! -- "Says a programmer on Slashdot.org who outsourced his job: "About a year ago I hired a developer in India to do my job. I pay him $12,000 out of the $67,000 I get. He's happy to have the work. I'm happy that I have to work only 90 minutes a day just supervising the code. My employer thinks I'm telecommuting. Now I'm considering getting a second job and doing the same thing." " via BBspot.
posted by Space Coyote on Aug 23, 2004 - 23 comments

The Outsourcing Bogeyman by economics professor Daniel Drezner describes the myths, facts and economics behind offshore outsourcing. There is also a critique and rebuttal on Drezner's blog. (via kuro5hin).
posted by TheophileEscargot on Mar 24, 2004 - 26 comments

Say goodbye to more jobs? This is an interesting research report from the Gartner Group on the future of banking, money and economic transition. One of the participants at a conference that Gartner cites is Bernard Leitaer, who is interviewed here. Leitaer is the author of the book The Future of Money. He argues " the malaise Japan has suffered since the early 1990s reflects an economic challenge the whole developed world has begun to face. Today, European and U.S. factories, too, suffer from overcapacity. The vaunted productivity growth spurred by the digital revolution has raised the economy’s stall speed. If the natural growth rate of the U.S. economy has risen to 4% annually, anything less than that rate will cause firms to trim capacity. A firm’s revenue growth often must come at the expense of competitors as well as its own profits because companies have trouble raising prices. In response, companies cut costs any way they can, usually by laying off employees and squeezing suppliers, which causes further layoffs. For developed countries, the safety valves that limited damage during contractions in manufacturing may not work. In past recessions, laid-off factory workers in the Great Lakes states, for example, could migrate to the growing Sun Belt to find new jobs. In the present transition, areas with job growth may lie overseas." The long heralded rise of the information economy, the death of distance and the rise of the global knowledge workers is paradigm shift that our goverment leader's seem ill equiped to handle.
posted by thedailygrowl on Mar 16, 2004 - 36 comments

10% of American tech sector jobs will move offshore by the end of the year. Cyber-Marx (1999):

"... globalisation has given some knowledge workers, largely male, largely white, associated with high tech, finance, communication and information an exceptional importance. Concentrated in the technopoles that form the hubs of "global webs," these constitute a layer of privileged labour on whose loyalty capital can largely rely. But analysis that sees "symbolic analysts" as the crucial actors in globalisation does not grasp the speed with which capital turfs yuppies from the lifeboat when cheaper replacements can be found. Even symbolic analysts feel the blast of globalisation, as North American computer programmers are undercut by Lithuanian or Indian competition, and architects, engineers and professors discover that those who can telecommute can always be teleterminated by cheaper services uploaded from anywhere on the planet.

True? What effect will this trend have on the digerati as a class, do you think?
posted by hairyeyeball on Aug 7, 2003 - 30 comments