So by this idea the american companies wont outsource jobs to india. instead the indian companies will work in america to ful fill the american needs. Doesn't the author think the jobloss for India. Indian comapnies becoming global companies will benefit only the company and not our indian people. They will fire 100 people here and employ 100 there in US. Is this a better strategy to work. Think folks its not a worthy idea. Common man ?
RE:This won't work for us
by Super User on Oct 03, 2007 08:32 PM Permalink
In a capitalist model, the common man is given the last factor considered while taking decisions. Our economy has grown and will continue to grow thanks to the capitalist attitude of the West i.e. shifting their operations to cheaper locations like India to save cost.
Now, that Rupee is growing against the Dollar, perhaps Indian companies may shift their operations to China, Sri Lanka etc. to save costs. That is the nature of the beast. If we want to take the interest of the common man, then we must elect CPI into power, which is the worst thing we could do.
It is a world we have asked for, now we must also be ready to pay a small price for all the benefits we have enjoyed so far