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Good. Every $1 paid to an Indian worker instead of an American one reduces global income equality and goes a much longer way there (3x or so, according to most

Good. Every $1 paid to an Indian worker instead of an American one reduces global income equality and goes a much longer way there (3x or so, according to most PPP measures of India vs US).

davesque 11y ago
That may be true in the short run, but it's a more complex question in the long run. What if uncapped arbitrage has an adverse effect on the American economy? Then there won't be as much money left to export to India.
- chii 11y ago
  Or, by off shoring, goods become cheaper, and now you can have more goods and services for the same price. At least that's the promise.
  - collyw 11y ago
    But you have no job to earn money to buy those products.
    - chii 11y ago
      that's true only if you are unwilling to do something new of value. I m not saying everyone is objectively better off, but i would say on the aggregate, society will have more wealth due to offshoring.
jimmaswell 11y ago
Did you mean inequality?