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View Diary: Obama, Sri Lanka, and Outsourcing: Some Perspective and Context (304 comments)

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  •  What part of (0+ / 0-)

    "Race To The Bottom" is it that you don't understand, anyway?

    Whenever an employer can find labor desperate enough to do the same work for less money, wages are depressed throughout the entire market. As noted above, it's the height of naivete to believe that the money that corporations save on Sri Lankin labor will be passed on to customers in the form of lower prices. It's all profit, and it all goes to top management, and to the richest 1% who just happen to own or control 80% of corporate shares.

    Al Qeada is a faith-based initiative.

    by drewfromct on Thu Aug 05, 2010 at 07:13:51 PM PDT

    [ Parent ]

    •  I can't even tell what your concern is. (0+ / 0-)

      It's not for American workers, who couldn't compete with the Indians.

      It's not for Sri Lankans, who make higher wages in a safe and clean job.  

      It's not even for Indians, who will lose the three thousand.

      From what you write, you are worried that some corporation is going to get something in return for the Sri Lankan's labor.   Isn't that sorta what, you know, hiring people leads to?  Is it really enough of a problem that you would rather see continued civil strife along with unemployment in Sri Lanka?

      Someone on daily kos called me a poopyhead. My life is SO like Nelson Mandela's.

      by Inland on Fri Aug 06, 2010 at 04:33:00 AM PDT

      [ Parent ]

      •  If you're worried (0+ / 0-)

        so much about unemployment and civil strife, then perhaps you should consider what things will look like here when all of our wages are reduced to what workers in Sri Lanka get. For that matter, you might try thinking about how the workers of Sri Lanka will feel when the corporatists find yet another hell hole of abject poverty to exploit, and move the jobs yet again.

        Just where do you suppose this "competition" is leading us, anyway?

        Al Qeada is a faith-based initiative.

        by drewfromct on Fri Aug 06, 2010 at 09:05:41 AM PDT

        [ Parent ]

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