Is Outsourcing Good for the Poor?

Job outsourcing tends to be one of the few things that Americans can unite around: over 80% of Americans oppose it.

Something to consider: what has outsourcing meant for the 1.3 billion people of China (where many outsourced jobs are absorbed)?

One way to see it: in 10 years between 2000 and 2010, Chinese incomes quadrupled, creating a growing middle class and bringing 680 million people out of extreme poverty.

china-income

(Image credit: CNN)

What is your initial reaction to this? How much of this growth might have been due to outsourcing versus other factors? And how might we learn this?

When considering the “good” or “bad” of corporations outsourcing jobs, should we consider the welfare of everyone in the world, or only our home country? How do you feel about the fact that globally the trend may have had a large net positive effect? What about those who may lose out?

Let’s hear your thoughts! Leave us some comments below.

 

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Erik Fogg

We do politics, but we don't do the thinking for you.