Quote from Ditch:
Freeing up minds for R&D? Sure, if those workers were qualified for that.Like another poster mentioned, for top-researchers there's already an international labor market, at which you have to compete with the world's best. I guess, your kind of response is only human, because who wants to face up to the fact that already now or at the last within ten years for every worker in the West there are ten Indians/Chinese waiting to do his job for a fraction of what he earns under abominable conditions? A taste of this can be had by watching the development of companies like Samsung and Kia. A few years ago they were considered low end producers of poor quality products. Nowadays Samsung can take on any premium brand in electronics and Kia produces the best-selling 4x4 in Holland. Its undeniable that countries like China have a strong comparative advantange in the form af a highly motivated, cheap and within a number of years also well-educated workforce. Whether the large middle-class in the West will be able to sustain it's standard of living is at least doubtful, imo.
Kia and Samsung make commodities. I keep hearing this garbage about cheap high tech researchers waiting overseas like I heard the same garbage during the 80's that the Japanese will lead the way and dominate the technology field in the future. And what happened? Microsoft made the operating system, Intel made the chips.... American companies dominated and will continue to lead the way. Foreign countries serve as cheap labor for companies to take advantage of and its not that the US companies are commanding people to take low wages, its the foreign govts. who are imposing this onto their own people. This rhetoric that overseas workers are a threat only relates to the grunt work. The real money is in the patents and R&D. Hire cheap labor and bask in the profit margins.
Like another poster mentioned, for top-researchers there's already an international labor market, at which you have to compete with the world's best. I guess, your kind of response is only human, because who wants to face up to the fact that already now or at the last within ten years for every worker in the West there are ten Indians/Chinese waiting to do his job for a fraction of what he earns under abominable conditions? A taste of this can be had by watching the development of companies like Samsung and Kia. A few years ago they were considered low end producers of poor quality products. Nowadays Samsung can take on any premium brand in electronics and Kia produces the best-selling 4x4 in Holland. Its undeniable that countries like China have a strong comparative advantange in the form af a highly motivated, cheap and within a number of years also well-educated workforce. Whether the large middle-class in the West will be able to sustain it's standard of living is at least doubtful, imo.