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> The thing is, tech worker market is global and large companies always have the choice to outsource plain and simple. The tech worker market segment the body
by yourapostasy 10y ago
> The thing is, tech worker market is global and large companies always have the choice to outsource plain and simple.
The tech worker market segment the body shops proliferate within in the US is one-way permeable: from developing to developed world markets. There is nowhere near the kind of market demand for developed world tech workers in developing world markets. Without that equivalency, claiming a "global" market omits key information, because everyone who makes that "global" claim is trying to advance the argument that the globalization status quo is a two-way street of equal opportunity, and US workers should therefore welcome this new normal. There is in actuality an arbitrage over standard of living, environmental conditions, rule of law, etc. that coupled with US immigration laws create the market opportunity. That arbitrage is an externality cost pushed onto US taxpayers.
When US economists for globalization move en masse to India for its obvious competitive advantages over the US cost of living, because it is so cheap to live like a local in India and an economist can "obviously" work from anywhere, then their academic prescriptions align with their personal creed, and I'm all-in on globalization again.
- pm90 10y ago> There is nowhere near the kind of market demand for developed world tech workers in developing world markets. I think the suggestion from the parent was that if you prevent i.e. Google from bringing in H1B workers, they will simply hire them in their India office.
- gutnor 10y agoThat's what I meant. The market may not be global from an employee point of view, but that's an oxymoron, that has never been the case ever in any field. ( not saying it is a good thing ) Without any protectionist measure, it just remove one of the many resourcing options for the large US companies. It is unrealistic to think that the job will be automatically reassigned in the US when those companies are already spread all around the world. All I'm trying to say is that suppressing H-1B is probably good because abuse is never good. However, I don't believe it will magically solve the problems of stagnating salaries without something else.
- nine_k 10y agoGoa is India, and quite a few (anecdotally) tech people moved there for several years (IDK about "permanently") for its lower cost of living and nice climate. They continue to work remotely for multi-national / Western companies, affording them a quite high local standard of living, and allowing to make savings. These same people won't stay there if / when they decided to have children and educate them, though.
- belltaco 10y ago>The tech worker market segment the body shops proliferate within in the US is one-way permeable: from developing to developed world markets. But software services flow the other way. Google, Facebook, Microsoft etc. are big players in India, and US employees benefit from increased revenue and profit from those populations. You cannot arbitrarily pick and choose the aspects of globalization that hurt you vs. that benefit you.
- yourapostasy 10y ago> ... and US employees benefit from increased revenue and profit from those populations. US employees of "Google, Facebook, Microsoft etc.", or US employees in aggregate?
- codeinstyle 10y agoFrom the context, I believe the OP meant US employees of the said companies.