Why do corporations use the term "market forces" while manipulating those same forces?
I saw Bill Gates state we are going to need foreign workers to keep up with the need for information and technology people. If that is true why are so many Americans losing their jobs to overseas workers in the same field? Wouldn't market forces allow wages to rise and create a demand for more such workers if that were actually true? I think it is just another attempt to find cheaper labor while reaping more profits. Any thoughts from Silicon Valley?
Asked By: right you are ken - 11/11/2006
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You have missed the point completely... More
Answered By: Ken - 11/11/2006
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Your right, however this is how free market economies work. Labor is a part of that market. India now has a better educated less expensive work force. If the U.S. people want to compete they will have to better educate themselves. As the Indian's people quality of life improve, their wages will go up. It's up to us to... More
Answered By: GJfromfla - 11/11/2006
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