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I think this thread represents both sides of the coin and attitudes towards outsourcing. Both arguments are equally valid, for their own reasons when placed in their correct contexts.
We have the business perspective which argues that outsourcing is yet another tool to be harnessed and when used correctly, can be used to empower businesses, increase margins, and thus giving businesses additional avenues to utilize these gains in the global marketplace. Taking advantage of tools that bring competitive advantage is the very thing that drives a capitalist marketplace and is what makes businesses grow stronger.
On the other side, we have those that are worried that outsourcing will result in the loss of jobs amongst those in the west. This as we all know, over time will have wider implications in terms of the ability of those nations to sustain an economy which will be of an adequate size to shape and direct global issues. However, I don?t think anybody can dispute that outsourcing has brought about increased competition. Competition DOES breed evolution? This competition will force us to develop better working methods and technologies that will once again balance things out? until this natural cycle returns.
I don?t think anybody can stop outsourcing, capitalism will see to that. There are already pools of knowledge in developing countries that are capable of competing with traditional providers in the respective industries.
If we don?t take advantage of this tool, others will. I believe the question we must ask ourselves is, are we going to be the ones profiting from it, or are we going to wait until the Chinese or other developing nations do?
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