http://www.upi.com/view.cfm?StoryID=20031114-052912-7678r
Article which makes a point so salient I wonder others have missed it -- the savings to be gained by outshoring technical jobs is nothing like that available to companies who would like to avoid the obscene overpayments which top executives get. There is, by exact analogy to technical work, nothing magical about North American managers, and no reason why their skills should not compete on an open global market as well.
Of course the ultimate outcome of this happy prospect is the complete relocation of high-technology industry to the offshore, which will have negative implications for the USA standard of living [Hollywood can do just so much to pick up the slack, after all]. The only thing being, with the immense monetary power such executives can bring to bear on the government, will such rationalization actually be allowed to happen?
Posted by jho at December 1, 2003 09:30 PM