Originally posted by 404 Not Found
As for outsourcing...I can see different viewpoints on the matter as correct in their own way.
Look at it from a labor-supply side: By expanding a company overseas you almost inevitably absorb a chunk of the native country's labor force, draining it of stimulus needed to move their economy along. The people can become dependent on one or two foreign companies and be SEVERELY mishandled.
But...
There's the "International" view that reasons that by planting seedling companies in undeveloped nations you provide valuable jobs to people who would otherwise be unemployed. The jobs they get bring money into the economy and when people start buying...producers produce more, and it will continue in an upward fashion. Something needs to kickstart it(Keysenian Economics)- People can't buy without any money, and without any incentives companies won't produce- But i'm getting off on a tangent here.
Er, on a sidenote, Keysenian may be misspelled.
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