is it ethical for companies to take our jobs out to the developing world?
could one conclude that the big internationals who have issues with ethical reequirements of the society are the ones rushing out to the deveping part of the world to establish in the name of securing competitive advantages?
in era of globalization transfer of jobs would occur..even in developing countries many times jobs are transferred to other countries for competitive advantages..if company gives job to other country which has cheap labor that means their prices would be competitive which would make them sustain , give money to shareholders , give money to political parties and give money for social work that to do...in negative part of this system , workforce of country might suffer which would be taken care by government from tax payers money which includes the company too...if company doesn't transfer jobs , the price of product might rise which would again affect the consumers .company might make less profit and so less amount would be passed to shareholders ,less amount would be paid in tax...so its bit of complex system and finally its call which had to be taken by company bosses...
Businesses make purely business decisons. When western governments impose measures such as the minimum wage, all they succeed in doing is exporting jobs to countries that do not have such regulations.
If a business does not make a profit, its called a "charity".
jobs have been going out to the developing world since the 60s. this is why we were in vietnam, cheap labor for outsourcing. big companies looking for larger profits dont worry much about ethics.
when they couldnt find cheap outsourcing someone thought of paying the prison population a dollar a day to do the work, is that ethical? imagine not having to pay benefits, no one will be late for work or miss a day. they wont argue with the pay because regardless of the minimum wage law-these are people in prison with no rights. there are a lot of ways we have "outsourced" that hasnt been ethical in our capitalistic society's history.
i love america and believe in capitalism. i dont believe in greed.
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