What did Kamal say What did I say...was: Truth and Consequences of Offshoring 4060
On Wed, 9 Aug 2005, Kamal R. Prasad
This is a totally separate issue and even if we ask about who the consumers are we also have to ask who the producers are.
Kamal's whole line of thinking recognizes only two things: i) this is an India vs. the USA problem, and ii) he is on India's side.
But it cannot tell a customer in another country which
Why don't you take a look at all the other trade disputes including that the Chinese, untill just recently, refused to float the Yuan. And, Japan wants to put tariffs on US Steel.
He couldn't legislate that
Where did you read about this?
Its not going to do our society any good to have a net loss of jobs. But, if the job goes to your country, India, you are happy, right?
Kamal really does not care about having good relationships and trading relationships between the various peoples of the world but he will help justify that it is OK for rich people to get richer and it is OK to have hard working Americans who have been happy all their lives and spent time in school to get their skills just get dumped into the garbage can and all these people are just supposed to sit there in the garbage can and be quiet. How selfish can Kamal be?
Some of the naive
Of course, the sub-theme here is that Indians have exclusive rights to receive jobs that Americans had until executives thought they could make more money for themselves.
And, how about lawyers who work, using our existing laws, to make life fair for the people in the USA (anti-discrimination, freedoms, rights to elect government). Kamal always seems to ignore this.
Except where I have criticised manipulations by our govt, our CIA, and military actions, I can tell Kamal and his country to go and be free to make American answerable to Indians. Sometimes I get tired of this idea that the US has to rescue all the rest of the world in addition to fighting some of their problems (eg. Kuwait, Bosnia, Sarajevo), and we are supposed to be everyone's "cash cow." Its all fine with Kamal if the details favor him or his country, but I sure see less than one percent of his rhetoric as dealing with American problems.
Kamal always forgets that FDI works in both directions. American dollars are being spent in lots of foreign countries and foreign owned US dollars that they got from us have been buying up US property for several decades now. Kamal has given almost no details on how this works but ANY of that investment, no matter which way it goes, is made because that investment gets money back. ROI. Its either rent or interest or profit. And, the only way to see who is getting the better deal is to look at details way beyond the scope of these posts. Kamal has tooted this FDI story for a long time without explaining that it is meaningless in the context we are talking about because moving jobs out of the USA goes into losing a major channel by which money flows into the US economy, the tax revenue inflow, and all kinds of other fees needed to keep the rest of our economy going. But, it boosts corporation books.
I have a better idea. Let India just float on its own, develop its country without increasing the amount of US dollars flowing in. We were doing just fine before globalization.
And, people who are hurt by these investors actions don't have any rights to change the laws? Or, do you thinkk the laws should just benefit the rich?
July 30, 2005 14:06 IST India and China together account for only 1.6 per cent of total employment of American multinationals by way of outsourcing, the government's figures have revealed...
Executives are just employees who get hired to manage the
Truth and consequences of offshoring: Recent studies overstate the benefits and ignore the costs to American workers "August 2, 2005 Briefing Paper #155 Truth and consequences of offshoring Recent studies overstate...
Executives are overpaid, overpriviledged, overprotected kings. They take the money, the underlings get screwed.
The fact that someone has hired americans to write s-w
Does not make sense.
If he doesn't like the
Not necessarily better or cheaper.
I'm also waiting for acknowledgement that India and China steal IP and steal software on very wide scales. Why won't Kamal talk about these bad things India is doing. Why just talk about how nice it is for the US to get "cheap" software while Indians get rich off this and the Indian executives get just as rich as American executives.
to the contrary. In the past, old technologies were repalced by new ones; lower send jobs were replaced by higher ones. People could always remain employable...
It is by conniving, cheating, stealing (all legally, but unfairly).
And, one day, maybe Kamal will have his job taken away from him and given to a Chinese and I'll be interested how he handles this problem. But, maybe since he has no sympathy for unfair treatment of others, then there is not justification to have sympathy when unfair things happen to him.