
By Peter Cochrane
Published: Thursday 25 March 2004
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Name
Professor Hemp
Location
Detroit, MI
Occupation
Systems Analyst, Philosopher
Comment
From Professor Hemp
www.newagecitizen.com
Cochrane has his head up his proverbial ass.
First off you no longer have free trade when the factors of production (e.g., labor, capitol) can move as fast as the goods and services being created. His understanding of Ricardo is way off. He needs to read the transcript of a recent trade debate that Schumer (D, NY) organized a few weeks back.
Secondly, even a child understands that if he can get 5 times as much candy for his dollar . . . that it what he will do. That is exactly what the greedy CEO's are doing, except it is not candy . . . it is American jobs. But these CEO's do share the stupidity of a child.
Thirdly, what happens when 50% of Amereican jobs are offshored and the entire US economy implodes? Want to talk about REAL Class Warfare anyone?
And their are many other issues:
* What happens when these Indian's illegally sell off personal data and their is a huge increase in identity theft?
* What happens when Americans "give up" on technical education?
* What happens when Military technology gets compromised by a foriegn terrorist worker?
It is always easy to parrot the cathecism of the status quo -- but that does not make you correct. Cochrane would be singing a much different tune if his job was forever destroyed due to offshoring.
Turbo Capitalism is the problem and it must end. A new paridigm is required to succeed capitalism and we ahd better begin searching for that paridigm right now. Some of the elements are antithical to capitalism and must include autonomy, self suffieciency and sustainability.
Ignore this at your own peril.
From Professor Hemp
www.newagecitizen.com
Coch...
Professor Hemp
Peter
In any consideration of offshore outsourc...
Brett Trevalyan
Professor Hemp is gnashing his teeth to no purpose...
Brett Trevalyan
Excellent article and totally agree. The market s...
Frank Lynch
I don’t buy at all Peter Cochrane's rosy future p...
Lie Buster
The migration of jobs from the West to poorer coun...
Anonymous
In the UK, the so-called shortage of skilled softw...
Tom Wahnsiedler
There has always been outsourcing. The new indust...
Nick Sparrow
I enjoy Peter Cochrane's articles, and usually fin...
Anonymous
View from a flapjack or a beachball?
Earth callin...
Sherry McClellan
The advancement from an agrarian to an industrial-...
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I outsourced EDP to an Indian company Halwasiya In...
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