I thought the Friedman article was interesting. It hints at the issue,
which is multiplication. Resisting globalization is fruitless and
ultimately immoral. $2/day labor is only going away when it finds better
paying work, something we should be accelerating.
Perhaps what we should be doing is making sure those Indian service folks
have access to mortgages and credit cards. Some portion of what they make,
they will spend on US goods and services. What they spend elsewhere will
produce economic activity some portion of which will also come back to the
US. If they spend rapidly enough the ripple will come back to us pretty
fast, and leave a wake of affluence throughout the Indian economy, which
will tend to equalize wages pretty fast.
When we fail it is most often due to not being bold enough, and leading the
change.
-Mike Oliker
8700 Canyon Run Rd NE
Albuquerque, NM 87111
[hidden email]
(505) 821-3407
PS: I'm new to the list. I head up the Chaos Club here, and I have a strong
interest in the Origin of Life.
RESPONSING TO:
Message: 1
Date: Thu, 26 Feb 2004 12:19:41 -0700
From: Owen Densmore <
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Subject: [FRIAM] Op-Ed Columnist: What Goes Around . . .
To: The Friday Morning Applied Complexity Coffee Group
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An interesting comment by Tom Friedman about the outsourcing of tech
jobs:
http://www.nytimes.com/2004/02/26/opinion/26FRIE.html?hp=An interesting take is that at the core of all this are US products:
computers, software, even air conditioning! Basically its an
inevitable side effect of our huge technology buildout is that India
and others are going to put them together in interesting enterprises
that involve "taking" jobs from the US. In many examples, however,
there are more than US managers in the loop. One included animation
experts.
Interesting article. But I still find myself puzzled at how we're
going to get the job growth back up here in the US. I don't think Bush
has a lot to do with it, and certainly Kerry is about as lame as they
come so won't help. Its likely not a political issue but a
finance/economy one. And, yes, they have political components but not
entirely.
Owen Densmore 908 Camino Santander Santa Fe, NM 87505
[hidden email] Cell: 505-570-0168 Home: 505-988-3787
AIM:owendensmore
http://complexityworkshop.com http://backspaces.net
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