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last night i saw on current tv a story about an american IT pro whose job had been outsourced to india, so he decided to go to bangalore to see the other side of the story.
after staying there a month with an indian family, whose man was manager of a call centre there. the american even worked a while there to see what it was like.
he made a reflection at the end of the doc, in which he said his losing his job in the US probably translated to supporting 16 indians, and he concluded it was worthwhile...

he was an unusually aware person, it's not a line of logic that would probably win many votes stateside.

whouldathunkit? the international corporation as global social wealth distributor.

'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Wed Feb 16th, 2011 at 12:52:50 PM EST
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Globalisation does have its benefits for third world countries like India, but those benefits are very unequally distributed - and could thus make the poor feel even poorer relative to the nouveau riche in their midst (or more likely up on the hill).

The problem is partly that in a world with an almost unlimited supply of labour - the price of that labour cannot but fall - except for those in direct and indirect receipt of rental income from capital.

Index of Frank's Diaries

by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Wed Feb 16th, 2011 at 01:48:15 PM EST
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