"Growing outsourcing of services is simply reflection of benefits from greater division of labour & trade"
367617
Sort of.  There are benefits to outsourcing if the firm is particularly specialized in that and it's not a big deal to outsource this particular service.  An example of this could be payroll, where there are these monster payroll companies, such as PayChex that handle payroll for companies because payroll is an easy service to outside and this process shows how the division of labor has worked well.\n\nThere are other things in a business that you don't really want to outsource because you may be dealing with proprietary things that you don't want people to know about and it's a core part of the business.\n\nThese days with software companies and also things like call centers, we're not really seeing benefits from division of labor.  It's more than the average wage per capita varies per country.  So workers in other countries provide cheap labor and that's the reason for the outsourcing.  Often times, the foreign labor may not do as well of a job as a domestic worker, but it's worth it because the company saves money.
727301
Old Labour means Taxation, New Labour means More Taxation.
1169405
Money talks and the money is at the top of our corporations.  Those individuals at the top of the corporate ladder make more money based on profitability of the company so of course they are outsourcing.  This began long ago when industry began leaving the northeast and midwest and began moving to the south where the labor was cheap and the tax breaks were huge.  Now India, China and elsewhere are far cheaper.  Don't blame it on the rest of the world, our greed has done this to us.
81015
They're going more into online-centric services.
276492
Looks like it.\nBad government, numerous tragedies and natural disasters, slowing economy, lots of outsourcing, jobs are going to foreigners who're going to take jobs for less pay and more hours...\nTime to buck up, and head back to the glorious days.
266108
Offshoring vs "Home-Sourcing" - which will lead to greater profits?
215860
I think the "logic" is, hey, we outsource all our other jobs, why not outsource our security as well?
1136127
I think it's difficult for a lot of people to understand or support losing local jobs.  However, your scenario is accurate.  This is now a _global_ economy and people need to shift their thinking a little bit in order to understand the financial impact of decisions to outsource or not.   \n\nThe primary points of your argument are,\n1) There are equally competent engineers in India.  \nThis is true, in fact, of the people that I have worked with, I find that people in Indian firms are _highly_ competent, hard-working, and well-mannered.\n\n2) These competent engineers cost less.\nAbsolutely true.  This will probably change over time as the law of supply-and-demand starts to work, but not for awhile.  Although there is a great deal of demand for low-cose, high-potential engineers, there is also plenty of supply in the global markets.\n\n3) Companies that choose not to utilize global resources will lose.\nVery true.  The cost of product at such a company will be higher in some way.  The product will cost more to make, support, fix, enhance, etc.\n\n4) Downsizing has offsets.\nAlso true.  There will always be a need for direct customer interaction in many areas.  It's only the areas that can be serviced by remote people, like software development, testing, call centers, monitoring, etc that will be heavily impacted by global outsourcing.
496935
I dont recommend outsourcing to India. The cost is not worth it.
433696
Outsourcing is not against rules of economics, it is against the rules of Politics. The new laws in UK prove that politicians can go to any extent to protect their vote bank.
211687
Let's see. All manufacturing jobs are moving to China. All office jobs are moving to India. All the money of the US is moving to Iraq. All corporate profits are moving into the pockets of management. All the earnings of American workers are moving into the pockets of the drug companies. Those are a few of the trends that are discernible
715114
If you want to be a successful and profitable company, outsourcing will be inevitable.
372144
This is what it is doing. We outsource jobs to India,China,etc. for lower store prices on stuff and profits, this raises those countries economy faster then normal then they need more oil and then the demand shoots up and we pay $3.00gal so did we save any money in the store
718285
one doing Business is being state of busyness,doing some transaction with a Aim to get some advantage out of that.\nadvantage may be cash or service any other form of favour except love.\n\nIndustrialisation is doing more produce.\n\nBusiness magnitude is propotioal to Industrialsation within a closed system provided no external input of products.
68451
Doesn't waste it's resources, (labor, opportunity, time, materiels, land) and one that is allowed to grow on its own without the government having to intervene too much or overtax.  Also, it must grow on its own, but be farsighted in not destroying other sectors for the quick gain.  i.e. Lowering wages (by exporting jobs too much) and thus destroying an obvious customer base.  Or over-benifitting employees so that when hard times come, the industries can't afford thier promises.  Or buying cheap, inferior foreign products that replace native goods so that the foreigners can start off with an industrial base to build a competetive empire upon.
415815
I tend to take the John Stossel view on the subject - despite what all of the politicans and the media say, outsourcing actually helps this country. It leads Americans to get more education and better jobs which pay higher wages. In the past ten years, the unemployment rate has actually gone DOWN, despite all of the "outsourcing" and the "taking of American jobs" that have been going on.
429206
Because the American society is better off paying someone else less to do the jobs that would cost more to do here. We focus on more service jobs, and these won't be outsourced.