Recently there is a lot being said and written about outsourcing. The proponants of free markets in the world are advocating it. The people who lost their jobs are cursing it.
Let me start with saying that I sypathize with every person that lost his/her job. That is hard. That sucks and if ever I could do anything about it, I would.
Now let me tell you the other side of story.
There was a soft drink company called Thumbs Up in India. When the economy opened and Cocacola arrived, they tried to buy the company. When the company refused, Coca cola just baught all their products and sent to warehouse, and kept them off market shelves for a while, so people would forget them. Result? Evantually the Indian cold drink company gave in. Coca cola changed the taste of that product. It sucks now. Now it’s all Coca cola.
The same thing happened to many many Indian companies. At many places, American companies did not need to play games. American products were far superior than their Indian counterparts. Obviously people switched to American goods. GM and Ford, losing here, are having time of their life in India. Because old Indian cars sucked compared to GM and Ford offerings.
Many Indian companies were closed, Indians lost jobs as well.
But evantually things stabilized, and bingo, actually turned upwards. Call centers, software outsourcing, people started seeing benefits.
And now people in USA are complaining. Perhaps many of the jobs lost did not belong to USA. They were just borrowed from India. I know I sound like Satan to your ears, but you should see the whole picture.
People in India switched to USA companies because for almost same price, they offered better quality. Now companies in USA are switching to Indian labour, because it costs much less for the same skill level.
Just a list of few Indian companies went bankrupt or got kicked in 1990s- Premier Automobiles, Murphy Television, Thumbs up cold drink. Can’t remember more of the top of my head. But there are a lot.
Military equipment producers, OIL companies and such are having time of their lives in USA. Why not ask them to share their profits before blaming Outsourcing? This is just other side of capitalism. Face it. You can’t just have benefits of something and but not face disadvantages.
I have strong faith in future of USA. This country thrives on innovation. Evantually Americans will figure the way out and in the process bring a whole new era. The same thing happened at times of Japanese auto makers, at times of South Asian electronics manufactures, the same thing will happen about cheap Chinese goods and about Indian call centers.
[P.S.: If you find any similarity between an old slashdot comment and this article, it’s because both are written by me.]