Quote (Valhalls_Sun @ Aug 23 2015 05:06pm)
It demonstrates that there are still places in the world where people are exploited, they are literally chained in some instances to their machines Bogie it's exploitation, we here in America have risen above it our workers get paid more than a slave's wage. why is this component of the equation so hard to understand.
To be competitive in the labor market with Vietnam and China American workers would have to work for less than a dollar an hour. That isn't reasonable it's just the corporations finding more ways to reap greater returns. It wouldn't be so damnable if they were in crisis or their profits were down. But that hasn't been the case many companies have moved even while showing strong back to back quarters. It comes down to greed not business.
Stop it. Worker exploitation happens, slavery still happens, but the white-collar workers in Indian tech-hubs like Bangalore are not being exploited. I work with them on a daily basis, they're being paid 6-7x the GDP per capita, and they're making far, far more than what the "unexploited" are scratching out in rural farms.
American workers are worth more because they produce more. As human capital they're inherently more valuable; the result of education and upbringing. A consequence is that it's not cost effective to hire that same educated labor for menial tasks, hence the exporting of low-skill jobs offshore.
High-tech industry is still being done onshore. Service jobs are not ubiquitously low-paying, as I'm sure tech and finance professionals would agree. You can't outsource without accepting a reduction in quality, which for many, many, jobs isn't an acceptable trade-off (my company has recently started taking work back onshore for the same reason).
Ask yourself what $1 an hour laborers in Vietnam can do. Can they provide high-end service to American consumers? Are they at the center of the tech boom? Do they provide innovative financial or logistical services? Americans are not at risk of being run out of work, but we need to accept that simplistic tasks (like putting together cars) are best done by those most suited to the task. And that isn't educated labor.
This post was edited by bogie160 on Aug 23 2015 04:20pm