Re: EVENT: Join "Make Poverty History" riders to Edinburgh, Fri 1 July 2005

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Article #119

#119

From: Andrew MacCormack
Date: Thu, 30 Jun 2005 21:11

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David M wrote:
> Fair enough, but what are the Indians who've now lost their jobs (and
> their British counterparts before them) supposed to do to work now?
> 
> I really can't see how the "chase to the bottom" can result in anything
> other than temporary employment for a given area before the jobs move on
> to somewhere even cheaper.. Repeat ad infinitum..?

Well, once poverty everywhere is history, then people will actually get 
paid what they're worth everywhere, rather than being undercut by anyone.

Having worked in design consultancy, competing with cheaper Indian 
consulting companies, we first saw the Indians being very cheap but 
inexperienced and hence low quality. As their experience and quality 
improved their prices rose. Now, as this sector's boat rose faster than 
the Indian economy as a whole, they are still cheaper than UK 
consultants (lower COL etc), but now are as good in quality. The same 
will happen with China, then with Africa and maybe eventually with any 
other countries left in poverty. We all get richer, we all better 
educated and the envy and ignorance that is terrorism's breeding ground 
is eliminated.

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From: Andrew MacCormack <first@last.co.uk>
Newsgroups: scot.general,ed.general,scot.environment
Subject: Re: EVENT: Join "Make Poverty History" riders to Edinburgh, Fri 1     July 2005
Date: Thu, 30 Jun 2005 22:11:40 +0100
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