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Its a good thing to wish for: This way, the US labor can also become free to disperse to regions with more sane cost of living and work for similar wages. Simi
by unity1001 4y ago
Its a good thing to wish for: This way, the US labor can also become free to disperse to regions with more sane cost of living and work for similar wages.
Similar wages, because the overseas senior talent wont work for anyone's corp for dimes, in contrast to what some seem to think. They have their own career trajectories, their expectations. If you don't pay them more than what the local corps pay, you wont get them because those local corps come with a lot of perks and the social status. The latter can be quite more important in many regions of the world in respect to the expectations of your family, relatives and friends so the pay difference must be worth losing it.
- rocknor 4y agoYeah, people who think jobs being shipped to other countries is bad should realise that in the long run this increases their own mobility. The quality of life gap between the US and these countries decreases, because higher per-capita income makes everything better. This leads to fewer visa restrictions between those countries. Believe me, India's geographical diversity and cultural openness makes it an amazing place to live provided it fixes its pressing issues and increases its HDI. Tangentially, this shows why moving jobs to countries with similar values of democracy/pluralism/diversity (e.g. India) is better than authoritarian states, as the latter does not really improve the mobility of your citizens.
- combustion 4y agoI think this ignores the fact that there's not enough wealth to go around for everyone on earth to live at a US level QoL.
- rocknor 4y agoQoL != wealth. For example, many Americans live in Europe and more would gladly do so despite significantly lower per-capita income.